Part of Tata group

Air India

Air India is under financial pressure, with its consolidated loss more than doubling to ₹22,238 crore for FY26 and the airline seeking ₹10,000 crore in fresh bank loans (ET Small Business, 30 Sept). New CEO Tewolde Gebremariam is prioritising cost discipline and profitability while expansion continues (The Hindu BusinessLine, 1 Oct).

What it means Lenders face weak cash-flow visibility at Air India, and suppliers face tighter cost control.

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Background

From 7 stories, the newest dated 1 Oct 2026. Summary written 4 Oct 2026. Newer developments are under Latest moves.

Air India is an Indian airline that has been part of the Tata Group since the 2022 takeover.[1] source: NDTV Profit

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Its loyalty programme, Maharaja Club, has 10 million members.[2] source: Mint Air India and Adani Airports launched an online duty-free platform in September 2026 with discounts of up to 25%, and passengers can collect purchases at participating Indian airports.[3] source: Financial Express Maharaja Club members earn three Maharaja Points for every Rs 100 spent on eligible transactions.[3] source: Financial Express

Tewolde Gebremariam assumed charge as Air India's CEO and MD on 1 October 2026, after his appointment was announced on August 5.[4] source: The Hindu BusinessLine He succeeds Campbell Wilson, whose departure was announced in April, 2026.[1] source: NDTV Profit Gebremariam told over 24,000 employees that safety, reliability, profitability and sustainable growth are his priorities.[5] source: Times of India Air India reported that passenger footfall declined about 18% in the financial year ended March 2026.[6] source: ET Small Business Its consolidated loss more than doubled to ₹22,238 crore in that year.[7] source: ET Small Business In September 2026 it was seeking about ₹10,000 crore in fresh bank loans for fleet expansion, refurbishment and operating expenses, while some lenders questioned its cash-flow visibility.[7] source: ET Small Business

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Questions about Air India

Who owns Air India?

Air India is owned by the Tata Group, which took over the airline in 2022.[1] source: NDTV Profit

Who leads Air India?

Tewolde Gebremariam is Air India's CEO and Managing Director. He assumed charge on 1 October 2026, succeeding Campbell Wilson, after his appointment was announced on August 5.[4] source: The Hindu BusinessLine[1] source: NDTV Profit

How fast is Air India growing in India?

Air India reported that passenger footfall declined about 18% in the financial year ended March 2026, and its consolidated loss more than doubled to ₹22,238 crore in that year.[7] source: ET Small Business[6] source: ET Small Business

What is Air India's current strategy in India?

In September 2026 Air India sought about ₹10,000 crore in fresh bank loans for fleet expansion, refurbishment and operating expenses.[7] source: ET Small Business It also launched an online duty-free platform with Adani Airports offering discounts of up to 25%.[3] source: Financial Express In October 2026 Tewolde Gebremariam took charge as CEO and MD.[4] source: The Hindu BusinessLine

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