If you are an Air India frequent flier who lives under the constant fear of your flights being cancelled or the airline simply shutting down, fear not things are on the up for the airline or so it seems.

Efficient functioning and reduction in operational costs has helped national carrier Air India turn from a loss-making airline into an "operational profit unit", the Lok Sabha was informed on Tuesday.

The government also asserted that with regard to safety issues for air travellers, it will be the endeavour of the government "to keep our airports and skies absolutely safe" through foolproof adherence to prescribed international standards.

"By cutting its operational expenses by almost 11 per cent, Air India has turned from a Rs.2,636 crore loss making unit in 2014-15 to a Rs.8 crore operational profit unit in 2015-16," Civil Aviation Minister Ashok Gajapathi Raju said while replying to the debate on demand for grant for his ministry.

He also pointed out that Air India joined Star Alliance in 2014, "which has helped it to integrate better with the international civil aviation market".