Air India Revises Profitability Plan Amidst Headwinds, Eyes 3-4 Year Turnaround

• Air India is working on a revised plan for profitability, now expected to be 3-4 years away, facing significant headwinds.
• The airline is projected to incur over Rs 15,000 crore loss in the current fiscal year ending March 31, 2026.
• Factors like Pakistan airspace closure and a Dreamliner crash have severely impacted Air India's financials.
• The Vihaan.AI transformation plan, launched in September 2022, initially aimed for profitability within five years.
• Air India and Air India Express together reported a pre-tax loss of Rs 9,568.4 crore in FY 2024-25.

Why It Matters: Air India delays profitability target by 3-4 years due to significant losses and operational challenges.