Business Standard
As headwinds persist for the loss-making Air India, its board is expected to discuss cost-saving plans, selection of the next CEO, financials, and other issues during the meeting scheduled for May 7, according to sources. Headwinds for the Air India Group, which is projected to have incurred more than Rs 22,000 crore loss in the financial year ended March 2026, have multiplied with the West Asia conflict. In the midst of an ambitious transformation plan, the Tata Group-owned airline is also scouting for a new CEO as incumbent and Singapore Airlines Group veteran Campbell Wilson will be stepping down later this year. The sources said the board, chaired by Tata Sons Chairman N Chandrasekaran, will meet in Mumbai on May 7. Various cost-saving measures, CEO succession plans, financials for 2025-26 fiscal year as well as other issues are expected to be discussed during the meeting, the sources said. Tata Sons and Air India did not offer comments. As part of stringent measures to save
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