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The Economic Times

Economy / The Economic Times

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Air India turnaround to take 5-10 years, says Tata Sons' Chandrasekaran

Tata Sons chairman N Chandrasekaran stated Air India's turnaround will take up to a decade. Mounting financial losses and supply-chain bottlenecks complicate the aviation bet. The carrier reported a net loss exceeding 22,000 crore for FY26. External headwinds and operational disruptions contributed to the significant fiscal deficit. Insurance is expected to cover most financial fallout from the AI171 crash.

28 Jul 2026 12:43 am