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Air India 171 crash: CEO Campbell Wilson says ‘not a moment gone by without thinking of the victims'— but final answers still awaited

Air India 171 crash: CEO Campbell Wilson says ‘not a moment gone by without thinking of the victims'— but final answers still awaited

Time of India7 days ago
Air India CEO Campbell Wilson has said the probe into last month's fatal crash of a Boeing 787 Dreamliner near Ahmedabad is still ongoing, and it is too early to reach any conclusions. In an internal memo sent to staff, Wilson noted that the preliminary report from India's Aircraft Accident Investigation Bureau (AAIB) identified no cause and made no recommendations.
Wilson described the days since the crash as 'a period in which not a moment has gone by without thinking of the passengers, friends, colleagues, and wider community who were lost or injured.' He added that the report brought both clarity and fresh questions.
The AAIB's initial findings revealed that the aircraft's fuel cutoff switches flipped unexpectedly moments after takeoff, which cut fuel to both engines and caused the aircraft to crash, killing 260 people.
Report clears aircraft, fuel and maintenance processes
The CEO stressed that the report found no mechanical problems, no fuel quality issues, and no abnormality during the take-off roll. The aircraft's mandatory maintenance checks had all been completed. Pilots had passed breathalyser tests and had no flagged medical conditions before the flight.
Wilson stated that out of precaution, Air India had inspected all Boeing 787 aircraft in its fleet after the crash. 'All aircraft were found fit for service,' he said. 'We continue to perform all necessary checks, and will act on any new suggestions from authorities.'
CEO urges staff to avoid speculation and stay focused
Wilson urged staff to avoid drawing early conclusions from the report. 'Until a final report or cause is tabled, there will no doubt be new rounds of speculation and sensational headlines,' he said. 'We must remain focused on our task — supporting those affected and delivering safe, reliable service.'
He acknowledged that media reports had triggered renewed speculation, but encouraged staff to instead focus on Air India's values of integrity, teamwork, innovation, and customer service.
Wider scrutiny and ALPA's call for fair inquiry
The airline is under close scrutiny following the crash. On July 4, the European Union Aviation Safety Agency announced a probe into Air India Express after reports emerged that it failed to replace engine parts on time and misrepresented compliance records.
Meanwhile, ALPA India, representing Indian pilots within the International Federation of Air Line Pilots' Associations, rejected early assumptions of pilot error in the Ahmedabad crash. ALPA President Sam Thomas urged for a fact-based probe and said the pilots' body should be allowed to participate as observers in the investigation.
As the investigation continues, Air India says it will cooperate fully while urging staff and media to avoid premature assumptions.
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Valuations may be high, but India's long-term story remains unshaken: Swarup Mohanty
Valuations may be high, but India's long-term story remains unshaken: Swarup Mohanty

Economic Times

time10 minutes ago

  • Economic Times

Valuations may be high, but India's long-term story remains unshaken: Swarup Mohanty

ET Bureau We have to grow at 6% is our house commentary, but that 6% versus 2 and that is something which people need to internalise. "While there is an impact of tariffs, we can be on our own in our own capacity and then that is something which we need to realise that our cars can be consumed by our own people," says Swarup Mohanty, VC & CEO, Mirae Asset Investment Managers. So, much work goes on behind what you do, I mean 17 years old fund, I was just looking at that, 45 number of schemes and an aum size of over two lakh crores. What does it feel like to have this kind of journey clocked in in 17 years. Swarup Mohanty: No, it is a very humbling experience. First of all, always a humbling experience to be in a fiduciary role. I mean to enjoy the trust of somebody else's money is very overwhelming to start with and then when we started as a global asset manager, today we stand in India as the only organic global asset manager in the country. 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We came in 2006-2007 and when the team came to India and then there was this call from here to our chairman why are we here, there is nothing here, the reply was that is exactly why we are here. Trust me and I got the chance to narrate the same story to the prime minister of this country is that sometimes I wonder what they see in India that we do not see. They are so one-sided in their view on the structural growth of this country is incredible to sort of note because I have sat in rooms of 200 people, 199 Koreans and me the only Indian and on stage our chairman says that only one country will flourish in the next 10 years. One country when you single out, you sort of think what is happening. Maybe they can see things more in a neutral manner from the outside, some things we get a little biased about. We were just discussing the more boring the more biased you make it, the better the outcome. But having said that in the last 17 years and we must give credit where it is due, the Indian investor also has come a long way. I mean, 17 years back who would have thought that your fund alone is going to manage the AUM size that you have. Having said that, the Indian investor always gets edgy with the news headlines and all the noise around. What is it that you are making of all that is happening right now, this concern around what is going to happen with the tariffs, what is going to happen on the global slowdown front and of course, the India story wherein valuations are always a question mark. Swarup Mohanty: Yes, one, of course, when a country like the US starts changing in behaviour, everybody else's behaviour also starts changing, we are in that phase. But as this I mean tenure starts expanding, people will accept that and form their own opinion. 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India Consumer Earnings Key as Markets Hope for Demand Rebound

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JSW Steel gets back its lustre in Q1; safeguard duty provides support
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Mint

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JSW Steel gets back its lustre in Q1; safeguard duty provides support

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