Now Reading: Air India to Resume Salary Increments from Oct 1, CEO Says
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Air India to Resume Salary Increments from Oct 1, CEO Says
Air India will resume annual salary increments from October 1, CEO Campbell Wilson told employees at a townhall on August 13, according to NDTV Profit and Greater Kashmir. The cycle had been…
The Story in Brief
Air India will resume annual salary increments from October 1, CEO Campbell Wilson told employees at a townhall on August 13, according to NDTV Profit and Greater Kashmir. The cycle had been deferred due to the Middle East crisis, which raised fuel costs, disrupted airspace, and weakened the rupee. Wilson said the airline continues its transformation despite these headwinds.
The Air India Group plans to induct over 100 new aircraft across 2027 and 2028. Two Airbus A350-1000s are expected later this year. Wilson noted operational improvements: a 91.6% on-time performance in June and a fleet-wide Net Promoter Score rise from -35 to +37. However, the airline remains loss-making and is facing a leadership transition, with Tewolde Gebremariam set to take over as CEO and MD next month.
The Indian Opinion
Air India's townhall updates mix genuine progress with selective messaging. The salary hike restart and fleet expansion sound positive, but the airline remains loss-making and faces a leadership change, regulatory scrutiny from the Phuket incident, and persistent external volatility. The narrative of a smooth turnaround overlooks these complications. Will Skytrax ratings and punctuality numbers translate into sustained profits, or will the next CEO inherit unresolved structural costs? The FY27 annual results will settle this question.
Sources (2): ndtvprofit.com, greaterkashmir.com
This story was synthesised by AI from the 2 sources linked above.
