Air India, co-owned by SIA, said to kick off search to replace CEO amid persistent losses
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Air India, co-owned by Singapore Airlines, is searching for a new CEO as it faces ongoing financial struggles following a deadly crash last year. Current CEO Campbell Wilson's contract will not be renewed, and Tata Group chairman N. Chandrasekaran is in talks with potential candidates. The airline is unlikely to meet its operational break-even target by March 31, which contributed to Wilson's ouster. The announcement of a new CEO is expected after the crash report is released by June. Air India's challenges reflect broader issues in India's aviation sector.
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