Air India is considering former Garuda Indonesia CFO Kunduvara for a top finance position, according to The Economic Times. Kunduvara recently left his role at Garuda Indonesia after slightly more than a year. He previously spent over two decades working at Singapore Airlines.
Singapore Airlines is one of Air India's partial owners, along with Tata Group. The airline is currently seeking 100 billion rupees ($1.1 billion) in funding from its owners.
Air India faces challenges including high fuel costs linked to the war in Iran, a drop in traffic to the Middle East, and a ban on Pakistani airspace.
Due to the airspace ban, west-bound flights from New Delhi must take a circuitous route. Air India's CEO is also looking to improve its underperforming cargo business and integrate departments with its low-cost arm, Air India Express. The airline is considering routing more flights to Europe and the US through Mumbai instead of Delhi.
