Air India Express loss explosion shows how a rival plan turned into INR 6000 crore trouble

Integration plans and accounting shocks turned profits into losses

Air India Express is now at the center of Air India’s FY25 financial slump, accounting for INR 5,800 crore of the group’s INR 10,900 crore loss. Once profitable under government ownership, the budget carrier became heavily loss-making after the Tata takeover in 2022, as integration missteps and accounting shocks piled up.