Air India Braces for Record $1.6 Billion Loss After Deadly Crash

Air India Ltd. is set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress toward a turnaround, according to people familiar with...

By Mihir Mishra, Sanjai P R · Bloomberg Markets

Air India Ltd. is set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress toward a turnaround, according to people familiar with the matter.