New Delhi, April 15 (IANS) Air India has reported a wider-than-expected annual loss of over Rs 22,000 crore ($2.4 billion or Rs 220 billion) for FY26, prompting the airline to seek fresh capital support from its shareholders, including Tata Group and Singapore Airlines, a report has said.The loss for the financial year ended March 31 significantly exceeded earlier internal estimates and comes amid a series of operational and geopolitical disruptions that weighed heavily on the airline’s perfor…
Latest Air India News & Updates
New Delhi, April 13 (IANS) Air India is planning to introduce a new performance-linked stock options reward system for its employees in order to boost productivity as the Tata Group looks at ways to turn around the loss-making airline. Eligible employees, including pilots, engineers, and senior management, will be able to buy shares after being granted stock options at prices between the Rs 4 face value and the market value at the time of grant, according to a report in Livemint on Monday.The pl…
Dehradun, April 10 (IANS) Uttarakhand Chief Minister Pushkar Singh Dhami has urged the Union government to improve air connectivity from Dehradun to the key religious destinations of Varanasi, Prayagraj, and Ayodhya. In response to the Chief Minister’s request, Union Minister of Civil Aviation Rammohan Naidu Kinjarapu informed him through a formal letter that 254 weekly round‑trip flights are currently operating from Dehradun to 11 destinations: Ahmedabad, Bhubaneswar, Bengaluru, Mumbai, …
New Delhi, April 10 (IANS) Tata Sons chairman N. Chandrasekaran told Air India staff on Friday that the airline is facing a challenging period and urged employees to focus on execution and cost discipline.“While our future is bright and we have laid a solid foundation for our ambition, we are going through a challenging time,” Chandrasekaran said, adding that the key “is staying focused on execution.””Our focus should be on what is within our control, where we can improve, be precise on cost…
New Delhi, April 7 (IANS) Air India on Tuesday confirmed the resignation of Chief Executive Officer and Managing Director, Campbell Wilson. In an official statement, the airline said that a committee has been constituted to find the successor in the coming months.“Wilson had conveyed his intention to step down in 2026 to Air India Chairman N. Chandrasekaran in 2024 and, since then, has been working to ensure the organisation and leadership team is on a stable footing for the transition,” the…
New Delhi, April 7 (IANS) Air India on Tuesday announced a revision in fuel surcharge across domestic and international routes amid a rise in global jet fuel prices.For domestic routes, the airline said it will shift from a flat surcharge to a distance-based structure, effective from Wednesday.The revised surcharge will range from Rs 299 for flights up to 500 kms to Rs 899 for sectors above 2,000 kms.The move follows the government’s decision to cap the increase in domestic Aviation Turbine Fu…
New Delhi, April 7 (IANS) Multiple reports on Tuesday said that Air India Chief Executive Officer (CEO) Campbell Wilson has resigned before his term ends. The airline was yet to issue an official statement on this development.Wilson is currently serving his notice period, according to reports.The Tata Group airline has not made any public statement yet. A query sent to airlines was not immediately answered.It is also unclear if the company has found a replacement. The board was scouting since la…
Ahmedabad, April 4 (IANS) Families of those killed in the Air India Flight AI‑171 crash have written to Prime Minister Narendra Modi, pressing for the immediate release of the aircraft’s Cockpit Voice Recorder (CVR) and Flight Data Recorder (FDR) data as they seek clarity on the cause of the accident. The appeal is associated with the ongoing frustration with the pace of the investigation and the level of communication from authorities and the airline.In their letter, families described acce…
Imphal, April 3 (IANS) A doctor from Manipur’s Senapati district saved the life of a 21-year-old passenger during a mid-air medical emergency on an Air India flight from Tokyo to New Delhi. Dr Loni Lirina, a critical care specialist at the American Oncology Institute, Babina Specialty Hospital in Imphal, was on board the flight when a young woman began experiencing severe breathing difficulties. Following an announcement by the flight crew requesting medical assistance, Dr Lirina promptly atte…
Bengaluru, March 31 (IANS) The Congress on Tuesday launched a scathing attack on the Bharatiya Janata Party-led Central Government over a fresh wave of price hikes set to take effect on April 1.Addressing a joint press conference at the KPCC headquarters in Bengaluru, AICC general secretary Randeep Singh Surjewala and Karnataka deputy Chief Minister DK Shivakumar categorized the new fiscal year as a “day of loot, rob, and fleece” for the hardworking citizens of the country.Surjewala said, “Com…