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Air India's board met to discuss cost-saving measures, including possible furloughs, as the airline struggles with losses amid challenges from the West Asia conflict.
FILE PHOTO: Branding for Air India is seen on an Airbus A350-900 at the Farnborough International Airshow, in Farnborough, Britain, July 24, 2024. REUTERS/Toby Melville/File Photo(REUTERS)The board of Air India on Thursday reviewed several cost-cutting measures, including possible furloughs, as the loss-making carrier continues to face mounting challenges, largely linked to the conflict in West Asia, as reported by PTI.
The meeting was held at the airline’s headquarters in Gurugram.
“The meeting started at around 11.30 am and went on for over three hours. Cost-saving measures were among the topics discussed at the meeting,” according to PTI citing sources.
The measures could include furloughs and deferred payment of bonuses, they added.
Bonuses, which are performance-linked, are part of CTC (Cost To Company) at Air India.
Generally, furlough refers to companies sending staff on unpaid leave during a tough financial situation.
Meanwhile, Air India CEO and MD Campbell Wilson will be addressing a town hall on Friday.
Earlier, sources had said the airline's financials for 2025-26, cost-saving measures and selection of a new CEO were expected to be discussed at the meeting.
Wilson will be stepping down later this year.
Restrictions on airspace and rising jet fuel costs linked to the West Asia conflict are putting additional pressure on Air India as it pursues a major transformation plan. The airline’s operating expenses have increased sharply in recent months.
In response, the carrier is considering a range of cost-cutting measures.
The airline’s board is led by N. Chandrasekaran, chairman of Tata Sons. Other board members include Campbell Wilson, Goh Choon Phong, Sanjiv Mehta, Alice Vaidyan, P. R. Ramesh and P. B. Balaji.
The Air India Group, comprising Air India and Air India Express, is expected to have posted losses exceeding ₹22,000 crore in the financial year ending March 2026.
(With inputs from PTI)
About the Author
Mausam Jha
Mausam Jha is a journalist who focuses on world affairs and politics. She provides clear, informative reporting with a good understanding of both global events and their local impact. <br><br> Her clear, accessible reporting on political and international issues makes her a trusted source of news and analysis. <br><br> For the past three years, Mausam has worked with Mint, covering national politics, IR—including elections—and global affairs.<br> Before joining her current role, she gained experience working with The Statesman, ANI, and Financial Express, where she honed her skills in political and international news. <br><br> She has consistently tracked key electoral battles, including US elections, Japan elections, policy debates, and strategic affairs, explaining how global currents, from great power competition to regional conflicts <br><br> Beyond journalism, Mausam has a deep engagement with international relations, diplomacy, war studies, terrorism, political history, and political theory. She is particularly interested in the intersection of statecraft and society on how governance, ideology, and institutions shape lived realities, and how politics shape today's world order. <br><br> An avid reader of classical literature and political thought, she constantly explores the connections between historical ideas and contemporary policy challenges.
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