Tata Group Launches Search for New Air India CEO Amid Persistent Losses

• Tata Group has initiated a search for a new CEO for Air India due to persistent losses and slow recovery.
• Current CEO Campbell Wilson, whose contract expires in mid-2027, will not be offered an extension.
• Air India failed to meet its operational break-even target of March 31, a key factor in the leadership change.
• A Boeing 787 Dreamliner crash in Ahmedabad last June further hampered the airline's turnaround plan.
• N. Chandrasekaran has held discussions with potential candidates experienced in running large airlines.

Why It Matters: Tata Group is replacing Air India's CEO Campbell Wilson due to financial struggles and slow recovery.