Air India bleeds Rs 26,000 cr in FY26 as Tata's four-airline merger hits leadership void
Four years into Tata's takeover, Air India is staring at Rs 26,000 crore in FY26 losses and Rs 7.65 lakh crore in commitments while merging Vistara, AirAsia India and Air India Express, absorbing 570 aircraft on order, and replacing CEO Campbell Wilson. The flight home was the easy part.
Four years into Tata's takeover, Air India faces Rs 26,000 cr FY26 losses and Rs 7.65 lakh cr in commitments while merging four carriers, modernizing fleet with 570 aircraft on order, and managing leadership transition as Campbell Wilson exits.
Why this matters
Compounds Air India's recent retrenchment: 22% domestic and 27% international flight cuts over June-Aug 2026, and the AI Express fold-in to Club Maharaja loyalty across 55 destinations.
Leadership signals steady at 135 in the last 90 days.