Mumbai, April 16 (IANS) Singapore Airlines CEO Goh Choon Phong is likely to meet senior executives of the Tata Group on Thursday at Bombay House in Mumbai, with discussions expected to focus on the financial and operational challenges facing Air India.Goh is reported to have arrived in Mumbai earlier in the day and is expected to hold detailed talks with Tata Group leadership on the airline’s ongoing turnaround efforts.According to sources, he is also likely to meet Tata Sons Chairman Nataraja…
Latest Campbell Wilson News & Updates
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…
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…
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) 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…
New Delhi, Feb 13 (IANS) Air India has been fined Rs 1 crore by the Directorate General of Civil Aviation (DGCA) for operating an Airbus A320 plane eight times without a valid airworthiness permit, with the aviation regulator terming the violation “serious” and holding the top-level management responsible for the security lapse.The DGCA order, imposing the fine, stated that the Airbus A320 aircraft was flown on multiple sectors, including flights connecting New Delhi, Bengaluru, Mumbai, and Hyde…
New Delhi, Jan 5 (IANS) The Tata Group has started looking for a new Chief Executive Officer to head Air India as the airline is going through a turbulent phase following the Ahmedabad plane crash and has not been able make a financial turnaround at the required pace after it was taken over from the government as part of the privatisation process.Tata Group Chairman N. Chandrasekaran has already held preliminary discussions with potential CEO candidates who have experience in managing large airl…