Rupee Fall Said to Prompt Carrier to Hedge Fuel

Rupee Fall Said to Prompt Carrier to Hedge Fuel

Dhiraj Singh/Bloomberg

An Air India Ltd. aircraft flies over a bus as it prepares to land at Chhatrapati Shivaji International Airport in Mumbai. Air India narrowed losses to 52 billion rupees ($873 million) in the year ended March from a record 75.6 billion rupees a year earlier.