Explaining the precarious financial health of India's flag carrier, the government today said Air India earns Rs 36 crore a day from its operations while it spends about Rs 57 crore.
"We are paying compulsory payment abroad of Rs 16 crore and committed payment here in India is Rs 20 crore. But the total expenditure comes to about Rs 57 crore," Civil Aviation Minister Vayalar Ravi said in Lok Sabha during the Question Hour.
Air India is facing a major problem of payment overdues for aviation fuel to oil companies. The overdues to oil PSUs have soared to over Rs 2,280 crore as on February this year.
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