India's Air India chief executive Campbell Wilson has resigned but will stay on with the company until a successor is found, according to sources.
The development sets the stage for a leadership transition at a time when the airline faces operational disruptions, rising costs, and a likely record loss this year.
Wilson's resignation was accepted at a board meeting last week, and he will continue to be in the system until the board finds his successor, who is expected to be announced by September.
Air India is grappling with multiple challenges, including airspace restrictions due to the West Asia crisis, aircraft supply constraints, and rising costs.
The airline is in advanced talks with candidates for Wilson's successor, who is expected to have strong credibility, global experience in running a complex full-service carrier, familiarity with low-cost operations, and be within five years of retirement.
The search for a successor began in January after Wilson expressed his wish to not continue after his contract ends in September next year.