# Air India FY26 loss doubles to Rs 22,238 crore, turnaround may take decade

2026-08-07T22:50:35+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Air India's net loss more than doubled to Rs 22,238 crore in FY26 from Rs 10,859 crore a year earlier, according to Tata Sons' annual report. Revenue fell to Rs 70,081 crore from Rs 76,754 crore, indicating scaled-down operations. Tata Sons Chairman N Chandrasekaran called it the airline's 'most challenging year' since acquisition in January 2022, citing airspace closures, West Asia conflict-driven fuel hikes, and the AI171 crash. The five-year Vihaan.AI turnaround plan may now extend up to a decade due to supply-chain disruptions and the need to overhaul legacy systems, culture, and fleet. Despite losses, Tata Sons reaffirmed commitment, investing in fleet expansion and integration with Vistara and Air India Express. Meanwhile, Singapore Airlines, which holds a 25% stake in Air India, reported its first quarterly loss since 2022, partly attributed to Air India's mounting losses.

## Coverage

- thehindu.com <https://www.thehindu.com/business/air-indias-fy26-losses-more-than-double-to-22238-crore-turnaround-deadline-extended/article71278037.ece>
- thehindubusinessline.com <https://www.thehindubusinessline.com/economy/logistics/air-india-turnaround-could-take-up-to-a-decade-owner-tata-sons-says/article71275649.ece>

Tags: Air India, aviation, fuel prices, losses, Tata Sons, turnaround
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