Page 14 - Air India

Boeing Co sees India as key to offset sluggish business in China

Boeing and Airbus SE are both in the running for what could be one of the largest aircraft deals ever as formerly state-run Air India Ltd. is overhauled by new owner Tata Group

Air India leases six A320 neo aircraft from China Development Bank Aviation

Air India has leased a fleet of six Airbus A320 neo aircraft from CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co Limited, to boost the Tata Group-owned company's transformation journey, a statement said on Wednesday. The leasing agreement was signed on the sidelines of the Airline Economics Growth Frontiers Asia Pacific 2022 conference, said the CDB Asia statement. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India's additional A320 neo aircraft under the recently announced multi-stage transformation plan since the purchase of the airline by Tata group, which aims to increase the carrier's fleet and help it boost both domestic and international operations. The aircraft will be delivered in the second half of 2023. This is an important agreement, which will help us to strengthen our fleet with state-of-the-art aircraft, Nipun Aggarwal, Chief Commercial Officer of Air India, said of the ...

After 3-yr lull, IndiGo to resume flights to China, Myanmar from March 2023

IndiGo used to operate daily flights on Delhi-Chengdu, Kolkata-Guangzhou, Kolkata-Yangon routes till early 2020

TMS Ep295: Air India, Mahesh Babu, Defence-related stocks, Phishing attack

How did Air India beat Indigo? How is Switch powering up green mobility in India? Has the rally in defence-related stocks run its course? What is a phishing attack? All answers here

How did Air India beat Indigo?

IndiGo, was the most punctual airline in 10 out of the 12 months last year. Now Air India is trying to make a mark. It has left Indigo behind in punctuality. How did Air India manage the turnaround

AirAsia India-Air India Express merger likely by 2023-end: Air India

Air India on Wednesday said an operational review process is underway to integrate budget carrier AirAsia India with Air India Express and the merger is likely by the end of 2023. Tata group-owned Air India has also signed agreements to have a 100 per cent stake in AirAsia India. The carrier is a joint venture between Tata Sons and Air Asia Investment Ltd. Tata Sons has an 83.67 per cent stake and the remaining 16.33 per cent shareholding is with AirAsia. The merger, likely by the end of 2023, is aimed at having a single low-cost carrier for the Air India group. Post-merger, the entity will be branded as Air India Express, according to a statement. AirAsia India was launched in 2014 while Air India Express started operations back in 2005. The consolidation of the two low-cost carriers -- AirAsia India and Air India Express -- will be undertaken as part of the restructuring roadmap that is being envisioned for the Tata group's airline business, Air India said in a statement. "The .

AirAsia exits AirAsia India, sells 16.33% stake to Air India for Rs 156 cr

Malaysian carrier's India foray ends after eight years; Tatas are working to merge AirAsia India with low-cost service Air India Express

Air India beats IndiGo to become top 'on time' airline in India: Report

In September, 87.1 per cent of flights of Air India were on time as compared to IndiGo's 84.1 per cent

Tata plans to borrow Rs 15,000 crore for Air India's working capital

The money will be used to cover day-to-day air operations and losses, refurbish the fleet, pay aircraft rentals and overhaul IT operations, according to sources

Air India Express to lease 2 Boeing 737 airplanes from Vistara: Report

Budget airline Air India Express is looking to lease two Boeing 737 aircraft from full-service carrier Vistara to offer more flights during the winter schedule, according to a source. Both Air India Express and Vistara are part of the Tata group, which also has Air India and AirAsia India under its wings. The source close to the development said the two narrow-body planes are expected to be inducted into the Air India Express fleet on a short-term lease in November and December, respectively. The move is part of consolidating as well as tapping the synergies in the group's airline business. Also, the leasing of the planes will help Air India Express to operate more flights during the winter schedule, which starts from October 30, the source said. When contacted, a Vistara spokesperson said, "we cannot comment on speculations". Air India Express spokesperson was not available for comments. "Air India Express has not inducted any new planes in its fleet for a long time. Though the

Air India appoints Henry Donohoe as head of safety, security & quality

Air India has appointed Henry Donohoe as the Head of Safety, Security and Quality from November 7

DGCA lifts 50% cap restrictions on SpiceJet, to operate with full capacity

Scheduled airlines will operate 21,941 flights on domestic routes every week in the winter schedule starting from October 30

Air India gets 72,000 job applications for cabin crew; 1,752 for pilots

The airline's aggressive expansion plan, which has already seen 17 long-grounded aircraft return to the skies with 12 more to follow, necessitates a significant expansion in flying crew

AI receives over 73,750 applications for cabin crew, pilots in 2 months

Air India, which has embarked on expansion plans, on Thursday said it has received more than 1,752 applications for pilots and 72,000 applications for cabin crew in the last two months. The loss-making carrier, taken over by Tata group in January this year, has also received more than 25,000 applications in a little over a week from management postgraduates with three years' experience in ground-based business roles. Also, the airline has received more than 2,000 applications for a new tech centre in Kerala for various positions, including developers, architects, cyber security professionals, programme managers and UX visual designers. The carrier, which had not recruited in non-operations areas for more than 15 years, is quickly adding talent in all spheres of its business, including for commercial functions, business support services and operations, according to a release. "The airline's aggressive expansion plan, which has already seen 17 long-grounded aircraft return to the ski

Running airline in JV a challenge, says Air India CEO Campbell Wilson

'Air India already has scale... we are not doing this from scratch. We are doing this from a running start', said Wilson

Air India aims 30% international mkt share in 5 years: CEO Campbell Wilson

Air India chief Campbell Wilson on Tuesday said the airline aims to have 30 per cent share in both domestic and international markets in the next five years. Currently, the loss-making carrier, which was taken over by Tata group in January, has put in place the revival plan 'Vihaan.AI'. Air India aims to have 30 per cent share in domestic and international markets in the next five years, Wilson, who is the MD and CEO, told reporters here. Currently, the airline has a domestic market share of 10 per cent and an international market share of 12 per cent. Vihaan.AI' is a comprehensive transformation plan with a detailed road map for the next five years. The airline will be inducting 5 wide-body Boeing and 25 Airbus narrow-body planes over the next 15 months. The aircraft being leased are 21 Airbus A320 neos, 4 Airbus A321 neos and 5 Boeing B777-200LRs. Air India's narrow-body fleet stands at 70 aircraft. Out of them, 54 are in service and the remaining 16 aircraft will progressively

Boeing offers 737 Max jets to Air India amid US-China trade tensions

Boeing Co. is offering 737 Max jets once slated for Chinese customers to Air India Ltd. as the planemaker tries to offload some of the roughly 140 aircraft it's currently not allowed to deliver

TMS Ep282: Tata's aviation, Q&A with Ashima Goyal, SME IPOs, lock-in period

What does the merger of Vistara and Air India mean for Tatas? What is RBI MPC member Ashima Goyal's take on rate hikes? Should you be wary of SME IPOs? What is lock-in period? Answers here

What does the merger of Vistara and Air India mean for Tata's aviation biz?

Singapore Airlines and Tata group are in talks, exploring viability of merging Vistara and Air India. If materialised, what will this merger mean for Tata's aviation ambition? Let's dwell into details

Sunil Bhaskaran may pilot Air India's arm after AirAsia India merger

Bhaskaran - a Tata Group veteran -- joined AirAsia India as its CEO and MD on November 15, 2018