business

June 15, 2025

Deadly Air India crash puts ambitious turnaround plans at risk

A view shows the wreckage of an Air India aircraft, bound for London's Gatwick Airport, which crashed during take-off from an airport in Ahmedabad, India June 12, 2025.—ReutersAir India Ltd’s ambitious plans to transform itself from a stale, financially troubled carrier into a profitable world-class airline face their biggest test yet after the deadliest aviation accident in more than a decade, reports Bloomberg.India’s flag carrier had long languished under government ownership, gaining...