Air India CEO Campbell Wilson Steps Down Amid Mounting Losses
Mr Wilson's tenure, originally set to conclude in 2027, is being cut short as Air India continues to face substantial challenges. The airline, acquired by Tata Group from the Indian government in 2022 after years of state-owned losses, has yet to return to profitability under private ownership.
During his leadership, the former Singapore Airlines executive initiated crucial modernisation efforts, including aircraft refurbishment and operational restructuring. However, the airline has also contended with persistent safety concerns and operational hurdles. A committee has been established by the Air India board to identify Mr Wilson's replacement in the coming months.
Financial Strain and Operational Challenges
Air India and its low-cost subsidiary reported a combined loss of approximately 98 billion rupees (£796 million) in the 2024-25 financial year. This financial pressure is compounded by wider industry issues, including escalating costs, disruptions to international flight paths due to Middle East conflicts, and delays in aircraft deliveries. The tragic crash of an Ahmedabad-London flight last June, which claimed 260 lives, further complicated the airline's ambitions, with a final investigative report from Indian regulators anticipated by 12th June.
In an internal communication to staff, Mr Wilson highlighted the extensive transformation undertaken during his leadership, citing the modernisation of systems, launch of new products, and improvements in service standards. He noted the addition of over 100 aircraft and significant progress in refitting existing fleets. However, he concluded that "the time is right for me to hand over the reins for the next phase of Air India's rise."
