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Ilker Ayci declines Tata Sons’ offer to be new Air India CEO

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Mumbai: Former Turkish Airlines chairman Ilker Ayci has declined Air India’s MD and CEO offer, weeks after appointment. In a statement, Ayic said his appointment was ‘coloured’ by the Indian media, citing it as the reason to opt out.

“I have come to the conclusion that it would not be a feasible or an honourable decision to accept the position in the shadow of such a narrative,” Ayci said in a statement on Tuesday.

Ayci was seen as close to Turkish president Racep Tayyip Erdogan, a Pakistan ally. He used to be the personal advisor to Erdogan in 1994 and had served as the chairman of Turkish Airlines from 2015 till now.

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Former chairman of Turkish Airlines Ilker Ayci named Air India CEO

Ayci said that at a recent meeting with Tata Group chairman Chadrasekaran, he ‘regretfully’ informed him that he will be declining the position.

“As a business leader who has always prioritized professional credo and more importantly, the happiness and well being of my family above all else, I have come to the conclusion that it would not be a feasible or an honorable decision to accept the position in the shadow of such narrative,” he said.

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Reebok partners with Jerai Fitness for gym equipment in India

Long-term deal to manufacture and distribute Reebok-branded fitness products from April 2026.

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MUMBAI: Reebok is pumping up its presence in India and this time, it’s bringing serious muscle to the gym floor. Jerai Fitness Limited, an Indian manufacturer with over three decades of experience in fitness equipment, has announced a first-of-its-kind long-term partnership with Reebok. Under the agreement, Jerai Fitness will manufacture and distribute Reebok-branded gym equipment across India and neighbouring countries including Sri Lanka, Bangladesh and Nepal. The products will be available from 1 April 2026.

The collaboration combines Jerai Fitness’ fully automated, technology-driven manufacturing facility with Reebok’s global brand legacy to redefine the fitness equipment ecosystem in the region.

Jerai Fitness Limited chairman & managing director Rajesh Rai said the partnership leverages advanced manufacturing capabilities to deliver high-quality products tailored to market needs.

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Authentic Brands Group EVP of Reebok Steve Robaire noted that India is a dynamic and fast-growing fitness market. “Jerai Fitness brings the manufacturing expertise and local insight needed to deliver high-quality, performance-driven equipment at scale,” he said.

The partnership will introduce a comprehensive commercial range covering cardio, free weights, and high-end home-use equipment under two distinct series. All products adhere to international standards, including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ASTM certifications, and European safety standards EN ISO 20957-1:2013, EN 957-2:2003 and EN 957-4:2006.

Jerai Fitness’ manufacturing facility features fully automated production systems and dedicated storage infrastructure. As of 31 August 2025, it had an installed annual capacity of 21,000 units.

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The Reebok-branded equipment will be available pan-India through Jerai Fitness showrooms and official websites jeraihomegym.com and jeraifitness.com.

In a market where fitness goals are rising faster than dumbbells, this partnership gives Reebok the local strength it needs while giving Jerai Fitness a powerful global brand to flex. For Indian fitness enthusiasts and gym owners, the workout just got a stylish upgrade.

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