From The Times of India
Center Owned by Bennett, Coleman & Co.'Punching below its weight': Air India CEO vows to turn around airline profitability
What's behind this
Air India is shifting a larger share of its Europe‑ and America‑bound services to Mumbai because of ongoing airspace restrictions over Pakistan, said CEO and Managing Director Tewolde Gebremariam on Tuesday. The airline aims to rebalance its international operations amid the operational hurdles caused by the Pakistan airspace ban.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 3 outlets
“Efficiency, efficiency, efficiency,” Air India CEO Tewolde Gebremariam said of the airline’s approach to costs, adding that he was “impatient to see profitability as soon as possible”
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center · 4 outlets
NEW DELHI: Air India CEO Tewolde Gebremariam said the airline was considering rebalancing its hubs and restructuring its international operations to mitigate the impact of Pakistan's airspace closure. “We have a unique problem with the closure of Pakistani airspace. It is affecting us, but our…
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right · 2 outlets
Air India CEO Tewolde Gebremariam emphasized the airline's commitment to enhancing financial performance and expanding its aircraft orders. The airline seeks to capitalize on significant growth opportunities in the aviation sector amidst current industry challenges. Gebremariam expressed the need…
RSS excerpt
Air India is set to bolster its international reach by expanding orders for wide-body aircraft. CEO Tewolde Gebremariam remains optimistic about returning to profitability soon, despite the challenges of losses and escalating costs. The airline has initiated fleet renewal and adopted cost-saving…
