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IPO News
Aug 21 2008 12:21PM
Air India sees $459 mln loss in ~07/08 -chairman

NEW DELHI, Aug 21 (Reuters) - State-run carrier Air India [AI.UL] sees a loss of 20 billion rupees ($459 million) for the financial year ended March 2008, its chairman said on Thursday.

"We are taking enough steps to increase revenue and cut costs," Raghu Menon told reporters. ($1=43.6 rupees) (Reporting by Rakesh Sharma, Editing by Mark Williams) (([email protected]; +91 11 4178 1009; Reuters Messaging: [email protected])) Keywords: AIRINDIA/LOSS

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