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No layoffs, Air India defers increment on mounting losses
The New Indian Express Tiruchy
|May 09, 2026
AIR INDIA has assured its employees that there would be no layoffs despite mounting losses and ongoing external headwinds such as higher jet fuel prices and airspace closures.
In a town hall held on Friday, the top level management, led by MD & CEO Campbell Wilson, indicated that annual increments will be deferred by at least one quarter in light of the uncertain economic environment.
As per sources, Wilson asked the employees to suspend discretionary spending and defer noncritical expenditures to cut down on costs. He also spoke out about external headwinds impacting the airline industry, including Air India.
This story is from the May 09, 2026 edition of The New Indian Express Tiruchy.
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