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ISBInsight is the Flagship Research Periodical of the Indian School of Business

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Vaidya Nathan K

Vaidya Nathan is a Resident faculty at the Indian School of Business

The Case of the Ailing Airline: Air India’s Turnaround

Case Summary In the year 2016, after more than a decade of loss-making, Air India posted an operating profit of ₹1.05 billion. Over the years, Air India's greatest problem has been its crippling debt. At the end of fiscal 2014-15, the airline had a total debt of ₹513.67 billion. To facilitate the revival of Air India, Ashwani Lohani, known as the …

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