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Air India sets up cost-cutting committee

2 sourcesUpdated 15 Oct 2026, 4:38 am Coverage regionsIndia
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Air India chief Tewolde Gebremariam has set up a committee to identify cost-cutting measures.

The reported measures include team rationalisations and relocating Air India Express office space to reduce lease expenses.

Sources cited in regulatory filings say the airline recorded a consolidated loss of 22,238.23 crore rupees in the 2025-26 financial year.

Air India did not immediately respond to queries about the newly formed committee.

Why it mattersAir India’s cost-cutting push could affect fares, staffing, and service quality as the airline seeks stronger finances.
More context

The board of directors is scheduled to meet on Thursday to discuss cost-saving steps.

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What coverage agrees on

Reporting broadly agrees that Air India has created a committee to look for savings and that the airline is facing a large reported loss. The reported cost-cutting ideas include team rationalisations and office relocation.

What is changing or disputed

What the committee will recommend, and what the board will decide on Thursday, remain uncertain. Air India had not immediately responded to questions about the committee, so further details may still emerge.

HOW COVERAGE DIFFERS

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Neutral1

Air India chief Tewolde Gebremariam has set up a committee to identify cost-cutting measures. The reported options include team rationalisations and relocating Air India Express office space to cut lease expenses. Sources citing regulatory filings say the airline recorded a consolidated loss of 22,238.23 crore rupees in the 2025-26 financial year. Air India did not immediately respond to queries about the committee, and the board is scheduled to meet on Thursday to discuss savings.

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BusinessLine Neutral framing Reported

Air India chief sets up committee to cut costs

Quick source take

Air India chief Tewolde Gebremariam has reportedly established a committee to identify cost-cutting measures, including team rationalisations and office relocations for Air India Express. According to sources citing regulatory filings, the airline recorded a widened consolidated loss of 22,238.23 crore rupees for the 2025-26 financial year amid various operational challenges. Air India did not immediately respond to queries seeking comments regarding the newly formed committee, while the board of directors is scheduled to meet to discuss potential savings.