May 3, 2026

Air India financial losses

Air India board to review losses on May 7, cost-saving plans and CEO hunt in focus – The Times of India

Air India board to review losses on May 7, cost-saving plans and CEO hunt in focus – The Times of India

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Air India’s board will meet on May 7 to review cost-saving measures, discuss CEO succession plans and consider the airline’s FY26 financials as mounting losses and the Middle East conflict intensify pressure on the Tata Group-owned carrier, PTI reported.Sources told news agency PTI that the board, chaired by Tata Sons Chairman N Chandrasekaran, is scheduled…

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Financial troubles deepen! Air India lobbies government for airspace access in China’s Xinjiang as Pakistan airspace closure hikes costs: Report – The Times of India

Financial troubles deepen! Air India lobbies government for airspace access in China’s Xinjiang as Pakistan airspace closure hikes costs: Report – The Times of India

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Air India has approached the Indian government to request access to restricted military airspace in China’s Xinjiang region to shorten international flight paths, according to a Reuters report quoting an internal company document. The move comes as the airline struggles with higher operational costs following Pakistan’s closure of its airspace to Indian carriers.The appeal, submitted…

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