Wilson to Step Down as Air India Express Chairman
Company - People | Apr 22, 2025 | EIN
In a significant leadership change aimed at enhancing synergy within the Air India Group, CEO and Managing Director of Air India, Campbell Wilson, will relinquish his position as chairman of Air India Express. Nipun Aggarwal, currently Air India's Chief Commercial Officer, will succeed him. This change is part of broader structural alterations intended to optimize the group's fleet, network, and sales strategies. Air India Express, a budget airline and a wholly-owned subsidiary of Air India, was acquired from the government by the Tata Group in 2022. Aggarwal has been pivotal in the acquisition and in shaping commercial strategies, including substantial aircraft orders. Meanwhile, Basil Kwauk, Air India's COO, will join the Air India Express board. These shifts follow past merges within the Tata Group airlines and indicate a concerted effort to streamline operations between Air India's full-service and low-cost carriers.
Sectors
- Aviation
- Private Equity
Geography
- India – The activities discussed concern Indian airlines owned by the Tata Group, which are based and operate extensively in India.
Industry
- Aviation – The article primarily discusses developments within the airline industry involving Air India and its subsidiary, Air India Express.
- Private Equity – The Tata Group, a private conglomerate, owns Air India and its subsidiaries, indicating the involvement of private equity-like ownership and restructuring.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Air India | Parent Company | Company | A major Indian airline acquired by the Tata Group in 2022, it oversees Air India Express. |
| Air India Express | Target Company | Company | A fully-owned budget airline subsidiary of Air India, aimed at enhancing low-cost airline services. |
| Tata Group | Owner | Company | The private conglomerate that acquired Air India and Air India Express from the government in 2022. |
| Campbell Wilson | Outgoing Chairman, CEO & MD | Person | CEO and MD of Air India who is stepping down as chairman of Air India Express. |
| Nipun Aggarwal | Incoming Chairman, CCO of Air India | Person | Chief Commercial Officer of Air India, appointed as the chairman of Air India Express. |
| Basil Kwauk | Board Member, COO of Air India | Person | Air India's Chief Operations Officer, joining the board of Air India Express. |