Air India CEO Steps Down Amid Challenges

0:00It's April 7th. You're listening to Global News today, AI-powered coverage from around the world. I'm Cory with the story. Air India's CEO Campbell Wilson just announced he's stepping down early, even though his term ran until 2027. He came on board in 2022 when Tata Group took over from the government, aiming to fix years of problems. He'll stick around until they find a replacement. Under Wilson, the airline added over 100 planes, revamped old aircraft and upgraded systems but they hit rough patches with operations and safety issues, including a deadly crash last June that killed 260 people on a flight from. Ahmedabad to London, the crash ship things up big time and has heard the airlines push to give back on track. Air India and its low-cost sister still posted huge losses last year, around 98 billion rupees or about $1 billion for the fiscal. Year 2024-25. Now the board set up a committee to hunt for his successor

1:00over the next few months. Wilson says the company's on steadyer ground now, ready for the next leader to take it higher. Meanwhile, India's aviation scene is tough with rising costs, Middle East route disruptions, plane delays and stricter rules. Even rival Indigo just tap industry vet Willie Walsh as their new chief to push growth through it all.