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Air India CEO forms panel to examine cost cuts

2026-10-15 · 1 source · Mint Companies

In short

Air India CEO Tewolde Gebremariam has set up a committee to look at cost cuts, team mergers and lower office lease expenses. The airline’s consolidated loss widened to ₹22,238.23 crore in 2025-26.

This matters because the airline is trying to reduce expenses after a bigger loss. The reporting does not say which jobs, teams or leases will be affected.

What the reporting says

Air India CEO Tewolde Gebremariam has formed a committee to explore cost cuts, team mergers and lower office lease expenses, according to the publisher summary. The move comes as the airline’s consolidated loss widened to ₹22,238.23 crore in 2025-26. The reporting does not say which teams may be merged or when any changes could begin.

Why it matters

Air India CEO Tewolde Gebremariam has set up a committee to look for savings, including merging teams and reducing office lease costs, according to the summary. The airline’s consolidated loss widened to ₹22,238.23 crore in 2025-26. That points to pressure on the company’s finances, but the reporting does not state which units may be affected or whether any cuts have been approved.

Touches: Air India, Companies

Sources