As per news reports, Air India CEO Campbell Wilson will step down as the Chairperson of Air India Express, the airline’s low-cost subsidiary. He will be succeeded by Nipun Aggarwal, currently serving as Air India’s Chief Commercial Officer. The move comes as part of an ongoing restructuring initiative by Tata Group, which acquired Air India two years ago.
Alongside the change in chairmanship, Wilson will also vacate his seat on the Air India Express board. He will be replaced by Basil Kwauk, the Chief Operating Officer of Air India. Both Aggarwal and Kwauk will continue in their existing roles, ensuring continuity and alignment across leadership functions.
Nipun Aggarwal, who joined Air India in January 2022, played a key role in Tata’s acquisition of the airline. Since then, he has overseen several strategic areas, including aircraft acquisition, financing, and business strategy.
This leadership transition is the latest in a series of major changes under Tata Group’s multi-billion-dollar turnaround strategy for Air India. The group is consolidating its airline business by merging four carriers into two, full-service Air India and low-cost Air India Express, the latter formed through the merger with AirAsia India.
According to Wilson’s internal memo, most of the structural work is now complete. The focus will now shift to optimising the Group’s fleet, network, sales, distribution, and loyalty programs to drive operational efficiency.
Despite ambitious growth plans, Air India is facing operational hurdles. Jet delivery delays have forced the airline to operate older aircraft longer than expected, increasing maintenance costs and hampering modernisation.
Meanwhile, the airline is reportedly exploring a multi-billion-dollar deal for widebody jets to support expansion. With reports suggesting China may block Boeing aircraft amid trade tensions, industry insiders believe Air India might capitalise on redirected inventory for its budget carrier, though the situation remains uncertain.
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The leadership reshuffle at Air India Express underscores Tata Group’s commitment to reshaping its aviation business. With new leadership and a clear strategy, Air India Express aims to support its parent in scaling operations, but must navigate industry headwinds to fulfil its growth vision.
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Published on: Apr 23, 2025, 8:34 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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