INDIA MARKET LENS
Markets◆ Mixed

Air India's A350 engines turning costly? CEO Tewolde Gebremariam looks to reduce soaring maintenance costs

Indian markets moved lower.

· LiveMint Companies

Air India CEO Tewolde Gebremariam is reportedly seeking to reduce the cost of maintaining the airline’s six A350 aircraft. The airline recorded its highest-ever annual loss of more than 220 billion rupees ($2.3 billion) in the previous financial year.

  • Sector exposure: Financial Services.
Financial Services