Why is Tata Group replacing the Air India CEO?

Tata Group is seeking a new CEO for Air India due to concerns over the airline's slow recovery after a major crash and a missed operational break-even target.

When will the new Air India CEO be announced?

The announcement of a new Air India CEO is expected after the official report on the June crash is released, likely by June.

What impact did the Boeing 787 Dreamliner crash have on Air India?

The June crash significantly impacted Air India's turnaround plan, contributing to the airline's slow recovery and leadership changes.

Home / Business and Economy / Air India CEO Out After Deadly Crash, Slow Recovery

Air India CEO Out After Deadly Crash, Slow Recovery

5 Jan

•

Summary

Tata Group seeks new Air India CEO due to slow recovery.
Current CEO's contract not extended post-March 31 break-even target miss.
Deadly crash in June impacted carrier's turnaround plan significantly.

Air India CEO Out After Deadly Crash, Slow Recovery

Tata Group is reportedly seeking a new CEO for Air India, signaling dissatisfaction with the airline's recovery pace after a devastating crash last year. Current CEO Campbell Wilson, appointed in July 2022, is unlikely to have his contract renewed beyond mid-2027. This move follows Air India's probable failure to achieve its operational break-even target by the March 31 deadline, a critical metric for the airline's turnaround.

The carrier's restructuring plan has faced significant setbacks, notably a Boeing 787 Dreamliner crash in Ahmedabad in June. While the investigation into the crash's cause is ongoing, it has undeniably impacted the airline's progress. External factors such as global supply chain issues affecting aircraft deliveries and Pakistan's airspace closure have further complicated Air India's financial performance.

Discussions for a new CEO are underway, with Tata Chairman N. Chandrasekaran reportedly in talks with experienced airline executives. An announcement is anticipated after the official crash report is released, expected by June. This leadership transition occurs amidst broader instability in India's aviation sector, with rival IndiGo also facing operational challenges.