New Delhi, May 7
The board of directors of Air India met in the national capital on Thursday as the airline continued to face operational and financial pressures linked to the ongoing conflict in West Asia. The meeting focused on the carrier’s financial situation, cost-reduction measures, and discussions related to the appointment of a new chief executive officer.
Sources said the meeting began after 11 am, although the detailed agenda could not be independently confirmed. The discussions took place at a time when the airline was dealing with rising operational expenses and disruptions caused by airspace restrictions and higher aviation fuel prices following tensions in West Asia.
The airline, which is currently undergoing a major transformation program, has seen a significant increase in operating costs over recent months. In response, management is understood to be considering a range of measures to reduce expenditure and improve efficiency.
Discussions regarding the selection of a new chief executive officer are also believed to have figured during the meeting. Current Chief Executive Officer and Managing Director Campbell Wilson is expected to step down later this year.
The Air India board is chaired by N Chandrasekaran. Other members on the board include Goh Choon Phong, Sanjiv Mehta, Alice Vaidyan, P R Ramesh, and P B Balaji.
The meeting comes at a crucial time for the airline as it navigates financial challenges, global geopolitical uncertainties, and an ongoing leadership transition while continuing efforts to strengthen operations under its long-term revival strategy.
