Manmohan Singh was my friend, philosopher and guide: Sonia Gandhi
New Delhi, Dec 27: Describing former prime minster Manmohan Singh's death as a "personal loss", Congress Parliamentary Party (CPP) chief Sonia Gandhi on Friday said he was her friend, philosopher and guide and that in his death, the party has lost a leader who was the epitome of wisdom, nobility and humility.
In her message on Singh's demise, Sonia Gandhi said he leaves a void in the national life that can never be filled.
"We in the Congress party and the people of India will forever be proud and grateful that we had a leader like Dr Manmohan Singh whose contributions to India's progress and development are immeasurable," she said.
"In Dr Manmohan Singh's passing, we have lost a leader who was the epitome of wisdom, nobility and humility, who served our country with all his heart and mind. A luminous and beloved guiding light for the Congress party, his compassion and vision transformed and empowered the lives of millions of Indians," the former Congress president said.
Singh was loved by the people of India for his pure heart and fine mind, Gandhi said, adding that his advice, "wise counsel" and views were eagerly sought and deeply valued across the political spectrum in the country.
"Respected and admired by leaders and scholars all over the world, he was hailed as a statesman of immense wisdom and stature. Dr Manmohan Singh brought brilliance and distinction to every high office that he held. And he brought pride and honour to India," she said.
"For me, Dr Manmohan Singh's death is a deeply personal loss. He was my friend, philosopher and guide. He was so gentle in his manner but so resolute in his deeply held convictions.
"His commitment to social justice, secularism and democratic values was deep and unwavering. To spend any time with him was to come away enlightened by his knowledge and sagacity, moved by his honesty and integrity, and awed by his genuine humility," Sonia Gandhi said.
Earlier in the day, the CPP chairperson paid homage to Singh at his residence where his mortal remains are kept for people to pay their last respects.
She also attended a Congress Working Committee (CWC) meeting convened to pay tributes to the former prime minister.
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Air India resorts to cost-cutting ways amid 'tough times'; layoffs not anticipated
New Delhi/Mumbai (PTI): Hit hard by Pakistan airspace closure and Iran war, Air India has resorted to cost-cutting measures, including holding back annual increments for staff and asking them to cut discretionary spending as well as non-critical expenditures, warning of "tough times".
On Friday, Air India Chief Executive Officer & Managing Director (CEO & MD) Campbell Wilson told the staff it is going to be a "very, very difficult year" if things don't improve on the Middle East front.
A day after the loss-making airline's board discussed various cost-saving steps, Wilson, along with Chief Financial Officer (CFO) Sanjay Sharma and Chief Human Resources Officer (CHRO) Ravindra Kumar GP, addressed the employees during a townhall on Friday where the emphasis on the need to keep a close watch on costs.
With higher jet fuel prices due to the West Asia conflict and airspace curbs, the loss-making airline's expenses have spiralled in recent times and against this backdrop, Sharma also told staffers that FY26 has seen a softening in revenue amid heightened external uncertainties.
Calling for a relentless focus on costs in these tough times, Wilson urged employees to suspend discretionary spending, renegotiate rates where feasible, and defer non-critical expenditures.
"There must be a laser-sharp focus on eliminating wastage and leakages," he said.
Stressing the need to tighten the belt for a while, Wilson sounded optimistic that travel demand would rebound and the industry would continue on its upward path.
CHRO Ravindra Kumar told staff that the airline will proceed with variable pay for the last financial year and continue with planned promotions while noting that annual increments will be deferred by at least one quarter.
"We don't anticipate layoffs," he said.
At the airline's board meeting on Thursday, various cost-saving steps, including likely furloughs, were discussed. The Tata Group-owned airline has around 24,000 employees.
Generally, furlough refers to sending staff on unpaid leaves by companies during a tough financial situation.
During the townhall, CFO Sanjay Sharma said while strong revenue growth and fleet expansion drove financial momentum through FY25, FY26 has seen a softening in revenue amid heightened external uncertainties.
Air India has seen around 40 per cent CAGR (Compounded Annual Growth Rate) in revenue between 2022 and 2025, he added.
The airline was acquired by the Tata Group from the government in January 2022.
The Air India CEO mentioned the external challenges being facing the aviation industry as a whole, including the continued closure of Pakistan airspace that is expected to persist for the foreseeable future and geopolitical conflicts leading to disruptions and airspace closures across West Asia.
Wilson, who is set to step down later this year, also flagged a sharp depreciation of the rupee and a 2.5-3 times increase in jet fuel prices, and added that these factors have adversely affected travel sentiment and consumer confidence, as per the sources.
If the Strait of Hormuz opens, oil prices fall and consumer as well as business confidence come back, there is a decent chance of a solid recovery, Wilson said, adding that unless those circumstances happen, it was going to be "a very, very difficult year".
"I feel somewhat responsible that we ended up with probably the biggest surprise of the year in the external environment which was a full-scale war in our neighbouring region in the Gulf. That has had a huge impact on airspace," he said.
For Air India, Wilson said the situation is compounded by the fact that the airline cannot fly over the neighbouring country and has to take a much longer routing for any west-bound destination.
"Every airline is reporting that they are under some sort of financial pressure as a result of higher fuel prices and economic uncertainty. So, it is unfortunately not a great environment to be running an airline," the Air India CEO said.
The Air India Group -- Air India and Air India Express -- is projected to have incurred more than Rs 22,000 crore loss in the financial year ended March 2026.
At the townhall, Wilson also highlighted various initiatives, including completion of the retrofit of its legacy narrow-body aircraft and rapid network optimisation to redeploy capacity more efficiently.
