Air India launches cost‑saving drive after crash and operational constraints
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Air India has created an internal team to find cost‑saving opportunities across its operation and its new CEO Tewolde Gebremariam announced tighter spending approvals in a letter to staff.
The airline, under regulatory scrutiny following a June 2025 crash that killed 260 people, is seeking about $1.5 billion of fresh equity, reportedly from Tata Sons and Singapore Airlines, while dealing with aircraft operating without valid certificates, longer routes and flight cancellations caused by Pakistani airspace restrictions and Middle‑East conflict disruptions, and seat and component shortages that delay fleet modernization and cabin retrofits, leading it to postpone delivery of hundreds of ordered aircraft.
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