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Air India to roll out key initiatives in 2025, may turn profitable: CEO

Business Standard LogoBusiness Standard19h ago

Air India to roll out key initiatives in 2025, may turn profitable: CEO - Business Standard

Quick Summary:

In his message to the staff on Friday, Wilson said 2024 saw the realisation of some of the most significant milestones, including the completion of the mergers of Air India Express and AirAsia India, and Vistara with Air India that "position us as the fourth largest business, by revenue, in the Tata group".

Air India will see progress on various key initiatives, including refitting of wide body and narrow body planes, in 2025 as well as tighten practices and processes to ultimately become profitable, the airline's chief Campbell Wilson said on Friday.

After taking over the loss-making Air India from the government in January 2022, Tata Group has been working on an ambitious transformation plan to turn around the airline, which recently also placed orders for 100 more aircraft.


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Article Details

Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 14:07:30 (19 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24688063

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