aerospace / news / / Moneycontrol
The Tata Group-owned airline is estimated to have incurred losses exceeding Rs 22,000 crore in the financial year ended March 2026.
Air India incurred estimated losses exceeding Rs 22,000 crore for the financial year ending March 2026.
KEY POINTS
- The board will discuss CEO succession, considering internal and international candidates, and possibly a joint CEO/MD.
- Air India is considering unbundling meals and making lounge access optional for business class to cut costs.
- Longer international routes due to West Asia airspace closures have significantly increased Air India's operational costs.
COMPANIES
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