Aviation Air India's net loss narrows in April-December period helped by debt transfer, aircraft recovery Updated : January 24, 2020 01:28 PM IST Air India was able to narrow its operating loss to Rs 1,040 crore during the 9-month period as compared to Rs 1,960 crore in the same period last year. The airline has also posted better operating performance, with EBITDA turning positive at Rs 460 crore as compared to negative EBITDA figures last year. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.