Air India CEO Weighs Folding Budget Unit Into Group to Cut Costs

🇮🇳 Bloomberg (IN) —

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Air India's CEO Tewolde Gebremariam is considering merging the budget airline unit Air India Express into the main group to reduce costs amid record losses.

Air India Ltd.’s incoming Chief Executive Officer Tewolde Gebremariam is considering folding the no-frills Air India Express unit into the group as he tries to cut costs to counter record losses, according to people familiar with the matter.

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