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 strategies. Key hurdles include effective cost management and the rebalancing of hubs and networks. 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 strategies. Key hurdles include effective cost management and the rebalancing of hubs and networks.
Trending
- Trump’s space declaration signals new Moon contest; India weighs its options
- Backyard Becomes Mini Fenway: Tampa couple build ballpark for son; $2,000 project unites family
- Costly Pool Repairs Scrutinised: Trump hails new work at Lincoln pool; flaws and $16m bill persist
- Midterm gamble, sliding stocks: Elon Musk’s pricey election hangover continues
- US job openings jump to 7.52 million as layoffs fall, but hiring remains slow
- Billie Eilish’s $20,000 donation helps plant 150 trees in Texas; 85% survive months later
- Michigan neighbours win $55,750 over lakefront work despite lacking any written easement in court dispute
- Chinese genetic sequencing firm Novogene sues Pentagon over military blacklist
‘Punching below its weight’: Air India CEO vows to turn around airline profitability
By
Add A Comment