BusinessPhoto: NDTV BusinessAir India Forms Committee to Explore Cost-saving Measures
Air India's new CEO and MD, Tewolde Gebremariam, has established a committee to identify cost-saving opportunities, including rationalizing teams of Air India and Air India Express and relocating office space to reduce lease expenses. The airline reported a consolidated loss of Rs 22,238.23 crore in the 2025-26 financial year. The board is set to discuss these measures in an upcoming meeting.
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