Air India’s FY26 losses more than double to ₹22,238 crore, turnaround deadline extended
Air India's losses for FY26 more than doubled to ₹22,238 crore, prompting Tata Sons Chairman Natarajan Chandrasekaran to extend the airline's turnaround timeline from five years to potentially a decade. The airline's revenue fell to ₹70,081 crore from ₹76,754 crore the previous year, reflecting reduced operations amid geopolitical challenges. This financial strain raises concerns about the effectiveness of the Vihaan.AI strategy aimed at revitalizing the airline.