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Gulf crisis: Air India says no layoffs planned, asks staff to cut discretionary spending
NOTICIA
08.05.2026

Gulf crisis: Air India says no layoffs planned, asks staff to cut discretionary spending

Air India assures employees no layoffs are anticipated despite financial strain from the Middle East conflict. However, annual salary increments will be deferred by at least a quarter. CEO Campbell Wilson urges a "laser sharp focus" on cost reduction, eliminating waste, and suspending discretionary spending to navigate these challenging times. Variable pay and planned promotions will continue.

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Times of India
Air India CEO Race Narrows to Four Candidates Including Tata, SIA Veterans
En desarrollo
Business·04.05.2026Resumen IA

Air India CEO Race Narrows to Four Candidates Including Tata, SIA Veterans

Air India's CEO selection has narrowed to four candidates including current CCO Nipun Aggarwal and former Vistara CEO Vinod Kannan (now SVP at Singapore Airlines), with two expatriates also in the running. The board meeting scheduled for Thursday comes as the airline grapples with estimated losses of Rs 24,000 crore in the last financial year. This marks the third CEO hunt in just over five years since Air India returned to Tata Group in January 2022, with both promoters losing money and facing urgency to stabilize the airline.

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Times of India
Nipun Aggarwal emerges top candidate to succeed Campbell Wilson as Air India CEO
En desarrollo
Business·02.05.2026Resumen IA

Nipun Aggarwal emerges top candidate to succeed Campbell Wilson as Air India CEO

Nipun Aggarwal, Air India's chief commercial and transformation officer, is the leading candidate to succeed Campbell Wilson as CEO, with Tata Sons in final stages of selection. Wilson announced his resignation earlier this month and may leave before his September tenure ends. The airline faces significant challenges including projected losses of over ₹20,000 crore in FY26, regulatory scrutiny after an Ahmedabad crash, and operational hurdles from closed Pakistani airspace forcing longer flight routes to Europe and North America.

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Economic Times