Overview

• Tata Group has opened talks with McKinsey & Company to spearhead a full-scale operational overhaul of Air India after the Dreamliner crash in Ahmedabad that claimed 241 lives.
• Chairman N Chandrasekaran visited the Ahmedabad crash site and addressed staff in Gurugram to offer solidarity and urge resilience among the airline’s workforce.
• Stephanie Pope, head of Boeing Commercial Airplanes, met Chandrasekaran at Air India’s Gurugram headquarters to discuss safety enhancements and support measures.
• Tata leaders are weighing crisis-management steps including compensation and ongoing family assistance for victims of the Ahmedabad accident.
• Under the Vihaan.AI transformation program, Air India narrowed its FY2024 loss by 60% to Rs 4,444 crore and boosted turnover by 23.7%, ahead of the proposed McKinsey-led revamp.