Tata aviation cuts losses by Rs 9,077 cr in FY24, Air India revenue up 24% Air India, which was privatised in 2022, achieved its highest consolidated revenue of Rs 51,365 crore for FY24, marking a 24 per cent rise from the prior year The Tata Group's aviation business, including Air India, Air India Express, Tata SIA Airlines (Vistara), and AIX Connect (formerly AirAsia India), managed to reduce its losses to Rs 6,337 crore from Rs 15,414 crore the previous financial year, as reported in Tata Sons' FY24 annual report, as mentioned by The Economic Times. The group's digital and electronics division saw a substantial growth of 148 per cent, reaching Rs 1,612 crore, although net losses increased to Rs 2,223 crore from Rs 1,723 crore. Air India, which was privatised in 2022, achieved its highest consolidated revenue of Rs 51,365 crore for FY24, marking a 24 per cent rise from the prior year. This growth was attributed to an increase in capacity to 105 billion available seat km (ASKM) and an enhanced passenger load factor of 85 per cent, the report said. ©SHIRSENDU KARMAKAR #TATA #Air_India

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Tata aviation cuts losses by Rs 9,077 cr in FY24, Air India revenue up 24%

Air India, which was privatised in 2022, achieved its highest consolidated revenue of Rs 51,365 crore for FY24, marking a 24 per cent rise from the prior year

The Tata Group's aviation business, including Air India, Air India Express, Tata SIA Airlines (Vistara), and AIX Connect (formerly AirAsia India), managed to reduce its losses to Rs 6,337 crore from Rs 15,414 crore the previous financial year, as reported in Tata Sons' FY24 annual report, as mentioned by The Economic Times.
The group's digital and electronics division saw a substantial growth of 148 per cent, reaching Rs 1,612 crore, although net losses increased to Rs 2,223 crore from Rs 1,723 crore.
Air India, which was privatised in 2022, achieved its highest consolidated revenue of Rs 51,365 crore for FY24, marking a 24 per cent rise from the prior year. This growth was attributed to an increase in capacity to 105 billion available seat km (ASKM) and an enhanced passenger load factor of 85 per cent, the report said.

©SHIRSENDU KARMAKAR #TATA #Air_India

Vaibhav Harsh Saxena

White अगर तू चलने के लिए तैयार हो तो, मंजिल तुम्हारे सामने झुकने के लिए तैयार हो जायेगी। ©Vaibhav Harsh Saxena # Power

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Anil Singh

White “मंज़िल मेरे क़दमों से अभी दूर बहुत है ! 🙂🔥 मगर तसल्ली यह है कि कदम मेरे साथ हैं !! 👌🙃👌🔥 ©Anil Singh #power

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White “मंज़िल मेरे क़दमों से अभी दूर बहुत है ! 🙂🔥
मगर तसल्ली यह है कि कदम मेरे साथ हैं !! 👌🙃👌🔥

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Pooja verma

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Vaibhav Harsh Saxena

White माँ, तेरी वो मीठी बातें, जैसे कोई सुरीला साज़ हो, तेरी वो दुलार भरी छाँव, मेरे लिए जन्नत का राज़ हो। ©Vaibhav Harsh Saxena # Mother Power

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Vaibhav Harsh Saxena

White माँ का प्यार वह ईंधन है, जो एक सामान्य इंसान को असंभव काम करने में सक्षम बनाता है। ©Vaibhav Harsh Saxena #Mother Power

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Sanjoy Khuman

White "A Life of Ratan Tata -2" Beyond business, Ratan Tata's philanthropic efforts are profound. The Tata Trusts, chaired by him, are among India's oldest and largest private philanthropic organizations, focusing on education, healthcare, rural development, and art and culture. Throughout his life, Ratan Tata has been recognized with numerous awards and honors, including the Padma Bhushan and Padma Vibhushan, two of India's highest civilian awards, for his contributions to industry and society. Despite retiring as Tata Sons Chairman in 2012, Ratan Tata continues to be a prominent figure in business and philanthropy, inspiring generations with his integrity, humility, and commitment to making a difference in the world. His life story is a testament to leadership, resilience, and the power of business to drive positive change. ©Sanjoy Khuman #A Life of Ratan Tata -2

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Sanjoy Khuman

White "A Life of Ratan Tata" Ratan Tata, born on December 28, 1937, into the renowned Tata family, had an impactful journey marked by both personal and professional milestones. Raised in Mumbai, India, he was orphaned at a young age and raised by his grandmother, Lady Navajbai Tata, and later by his aunt, Navajbai Ratan Tata. Educated at Bombay Scottish School and Cathedral and John Connon School, Tata later pursued architecture at Cornell University and management at Harvard Business School. His professional journey began in the Tata Group, where he started on the shop floor at Tata Steel, learning the ropes firsthand. Ratan Tata's ascent within the Tata Group was notable. He joined Tata Sons in 1962, gradually gaining experience across various Tata companies. He was appointed Chairman in 1991, a pivotal moment when India was undergoing economic liberalization. Under his leadership, Tata Group expanded globally, acquiring notable companies like Tetley, Corus, and Jaguar Land Rover, making Tata a global conglomerate. Tata's tenure was marked by his visionary leadership, focusing on ethical business practices, innovation, and corporate social responsibility. The creation of Tata Nano, the world's cheapest car, and the Tata Swach water filter for rural communities highlighted his commitment to affordable innovation and social impact. (to be continued) ©Sanjoy Khuman #A Life of Ratan Tata

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Nishanth Shetty

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