Economy · India
Air India CEO Focuses on Cost Savings Amid Mounting Losses
Air India's new CEO, Tewolde Gebremariam, has established a dedicated cost-savings team and implemented stricter spending approvals. This initiative shifts the airline's focus from fleet expansion, previously prioritized by predecessor Campbell Wilson, towards achieving operational profitability amidst mounting losses and economic headwinds.
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- Centre (3): Mint, The Indian Express, The Times of India