Air India turnaround could take up to a decade, owner Tata Sons says
- India's Tata Sons said that Air India's turnaround could take up to a decade, extending the timeline for the carrier's turnaround, Chairman N Chandrasekaran said in the company's annual report late on Monday (Jul 27).
- The comment came as the country's second-largest airline grapples with airspace closures, higher fuel costs from the conflict in West Asia, and the fallout from a deadly plane crash last year.
- The airline's turnaround will take time due to persistent supply-chain disruptions in key components, the need to overhaul legacy systems, culture, fleet, and efforts to build a larger techn
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- India's Tata Sons said that Air India's turnaround could take up to a decade, extending the timeline for the carrier's turnaround, Chairman N Chandrasekaran said in the company's annual report late on Monday (Jul 27).
- The comment came as the country's second-largest airline grapples with airspace closures, higher fuel costs from the conflict in West Asia, and the fallout from a deadly plane crash last year.
- The airline's turnaround will take time due to persistent supply-chain disruptions in key components, the need to overhaul legacy systems, culture, fleet, and efforts to build a larger techn
Sources: CNA