Air India’s incoming CEO Tewolde Gebremariam on Monday emphasised the need to improve financial performance and announced plans to introduce programmes that will reward staff who come up with ideas to bring down cost.
Asserting that achieving sustainable profitability remains a key objective, Gebremariam said cost discipline must become part of the airline’s culture.
“Cost management is not just the responsibility of leadership or the finance function. Every employee can contribute to savings, and those savings add up across an organisation of our scale,” he said at a townhall.
Gebremariam, who has been appointed as the CEO and MD of the loss-making Tata Group-owned airline, will take charge after receiving requisite security approvals.
In his second interaction with the employees in recent weeks, Gebremariam said the airline plans to introduce programmes that reward ideas that generate measurable cost savings and operational efficiencies.
According to him, a combination of extern
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