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News 2026-10-15 07:03 UTC

UPDATE 1 — Air India forms team to drive cost savings, memo shows

(Adds details about Air India paragraph 2 onwards) Oct 15 (Reuters) — Air India has set up a dedicated team to identify cost savings across operations and tightened spending approvals as the airline grapples with airspace disruptions, the Middle East conflict and high jet fuel costs, CEO Tewolde Gebremariam told employ

News 2026-10-15 06:49 UTC

Air India forms team to drive cost savings, memo shows

Oct 15 (Reuters) — Air India has set up a dedicated team to identify cost savings across its operations and tightened spending approvals as the airline grapples with airspace disruptions, the Middle East conflict and high jet fuel costs, CEO Tewolde Gebremariam told employees in an internal memo. (Reporting by Chandini