Air India CEO Tewolde Gebremariam sets up committee to explore cost cuts, team mergers and lower office lease expenses

Air India's new chief executive, Tewolde Gebremariam, has formed a committee to explore cost-saving measures as the airline grapples with mounting losses, according to sources.Air India CEO sets up committee to explore cost-cutting measuresThe committee, set up under Gebremariam, is examining options that include rationalising certain teams across Air India and its subsidiary, Air India Express.Relocating office space occupied by Air India Express to bring down lease expenses is also among the measures under consideration, the sources told PTI.The airline's…