Tewolde Gebremariam takes operational charge at Air India amid turnaround push

Former Ethiopian Airlines chief Tewolde Gebremariam succeeds Campbell Wilson in leading Tata-owned Air India’s operations, with safety, engineering reliability, cost control and profitability high on the agenda. The carrier is seeking ₹10,000 crore in fresh equity after a FY26 loss exceeding ₹26,000 crore.

— Source publishedMon, 7 Sept, 2026, 06:00 IST·First seen Mon, 7 Sept, 2026, 06:04 IST·Source ET Small Business

What happened

Tewolde Gebremariam takes operational charge of Tata-owned Air India, succeeding Campbell Wilson. He will focus on safety, engineering, reliability, costs and

Key facts

  • Loss of over ₹26,000 crore in FY26
  • ₹10,000 crore fresh equity infusion sought
  • Over 270 people killed in the Ahmedabad crash
  • Around 20 passengers and four crew injured on August 4

Why this matters

A more operations-led Air India could become a more credible partner for fleet, maintenance, technology and alliance negotiations as its restructuring advances.

What to watch

  • Approval, timing and conditions attached to the ₹10,000 crore equity raise.
  • Monthly on-time performance, cancellation rates, technical dispatch reliability and passenger compensation expense.
  • DGCA audit findings, safety-related notices and closure of corrective actions.
  • Progress on fleet induction, aircraft retrofits, engine availability and MRO capacity.
  • Route exits, capacity reductions or network reallocation between Air India and Air India Express.
  • Senior executive departures, labor relations developments and changes to engineering or operations leadership.
  • Quarterly losses, cash burn, debt or lease liabilities, and any additional Tata capital commitment.
  • Appoint a strengthened operations, safety and engineering leadership bench with clear accountability for aircraft availability and disruption recovery.
  • Launch a route-by-route profitability review, reducing loss-making frequencies while protecting premium international and high-yield domestic corridors.
  • Renegotiate maintenance, leasing, OEM, airport and distribution contracts to convert scale into lower unit costs.
  • Set a public reliability scorecard covering on-time performance, cancellations, technical delays, safety audit closure and customer complaints.
  • Sequence fresh equity around a credible operating plan, with capital earmarked for fleet reliability, cabin/product completion, digital systems and working capital rather than broad expansion.