Air India plans furloughs and flight cuts as Iran war strains finances

9 articles · Updated · Bloomberg · May 8

At a Thursday board meeting, the airline discussed furloughing nontechnical staff and cutting capacity by more than 20% for the next three months.
The measures would deepen retrenchment at an already unprofitable carrier facing worsening pressure from the conflict and disruption to its operations.
Air India is also searching for a new leader to steer the airline through the crisis, with the planned cuts dependent on whether conditions improve.

With record losses and a leadership void, can any new CEO rescue Air India from its 'perfect storm' of debt and war?

Is the Iran war masking a deeper safety and management crisis brewing within Air India since its Tata acquisition?