Air India, JetLite and SpiceJet suffered operating losses of Rs 3,159.6 crore (Rs 31.59 billion), Rs 246.8 crore (Rs 2.46 billion) and Rs 279.8 crore (Rs 2.79 billion) respectively in 2012-13, Lok Sabha was informed on Thursday.
Jet Airways, IndiGo and GoAir achieved operating profits of Rs 122.6 crore (Rs 1.22 billion), Rs 795.8 crore (Rs 7.95 billion) and Rs 85.1 crore (Rs 851 million) respectively during the same period, Minister of State for Civil Aviation K C Venugopal said in reply to a question.
In reply to another question, he said the US Federal Aviation Administration had downgraded India's safety ratings ‘primarily due to’ insufficient number of regular Flight Operation Inspectors in DGCA, resulting in its ‘inability to have effective safety oversight’ of airline operators.
He said the FAA downgrade would not have any impact on Air India's joining Star Alliance.
The global airlines grouping ‘has confirmed that the FAA safety assessment is a matter for the respective governments and aviation authorities and the downgrade has no direct impact on the planned integration of AIr India into Star Alliance,’