Air India Tightens Spending Amid Rising Losses, High Jet Fuel Costs

Thursday, 15 October 2026Newsdesk
Air India Tightens Spending Amid Rising Losses, High Jet Fuel Costs
In an internal communication to employees on Monday, Air India CEO Tewolde Gebremariam said the airline needed to embed cost consciousness, frugality and accountability into its organisational culture amid an exceptionally challenging operating environment.

New Delhi 15 October 2026

As per news report of NDTV,Air India CEO Tewolde Gebremariam gears up for cost-cutting measures across the group as the Tata Group-owned aviation business grapples with mounting losses and rising operating costs amid airspace closures and persistently high jet fuel costs.

Source - NDTV

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