N Chandrasekaran, Chairman of Tata Sons, has stated that Air India, which the group just acquired, needed a lot of work. He went on to say that any observable development will most likely only be seen in the following 12 to 24 months.
In an interview with the Economic Times, Chandrasekaran remarked that while he spends a lot of time working on the airline, there are a lot of issues that "need heavy lifting." He went on to say that IT systems, maintenance, procedures, fleet, HR, training, network planning, and ground handling all demand a lot of work.
According to him, the company is restoring the airline in a "systematic" manner and has set aside Rs 15,000 crore in equity alone. Talent, training, and deployment are all helping to reorganise Air India.
The chairman of Tata Sons stated that the business's aim was to make the airline a flagship company that is also financially sustainable. The group's low-cost carriers, Air India Express and AirAsia, will be integrated. However, he refused to comment on Vistara, saying that the group has yet to decide whether it wants a single airline or two.
