Page 5 - Air India

India-US ties deeper with announcement of Air India-Boeing deal: US

The mega commercial plane deal between Air India and Boeing is an opportunity to deepen an already profoundly intertwined relationship between India and the United States, the US said Wednesday. "It's an opportunity to deepen what is already a profoundly intertwined relationship based on shared interests, based on shared values, based on our deep economic ties. And with the announcements between Boeing and Air India yesterday, those ties are all the deeper," State Department Spokesperson Ned Price told reporters at his daily news conference. The "landmark" Air India-Boeing deal, according to US President Joe Biden, will create up to 1 million jobs across 44 states in the US. "It is something that we've heralded. It is an opportunity not only for the American economy and for workers here in this country, but it's an opportunity for the Indian people as well," Price said in response to a question, a day after the historic airplane deal between the two countries. "The United States i

How secret talks in London led to Air India's gigantic plane order

On Tuesday, Air India provisionally agreed to acquire almost 500 jets from Airbus and Boeing to take on domestic and international rivals

A jumbo deal

Air India's purchase commitment has multiple implications

With Air India's A350 order, Rolls-Royce makes a comeback in engine market

Currently, the Rolls-Royce-powered fleet of Indian airlines consists of five Embraer ERJs of Star Air and six Boeing 757s of Blue Dart

Top headlines: AI seals largest plane deal, MSCI readies verdict on Adani

Business Standard brings you the top headlines at this hour

Rolls-Royce announces order of Trent XWB-97 engines from Air India

British engineering company Rolls-Royce on Tuesday announced that it has received an order from Air India for 68 Trent XWB-97 engines, in addition to an option for 20 more. The large A350 aircraft of Airbus are powered by Rolls-Royce XWB engines. Air India on Tuesday sealed an order for procuring 250 Airbus passenger jets. The order comprises 40 Airbus A350s and 210 Airbus A320/321 aircraft. Separately, Air India ordered 220 planes from Boeing. "This is the biggest ever order for the Trent XWB-97, which exclusively powers the Airbus A350-1000. Air India has also ordered 12 Trent XWB-84, engines, the sole engine option for the Airbus A350-900," the company said in a statement. It said this is the first time that an Indian airline has ordered the Trent XWB and the deal will make Air India the largest operator of the Trent XWB-97 in the world. Rolls-Royce Tufan Erginbilgic said that the announcement marks an "exciting and truly remarkable" occasion for Tata Group and Air India. "The

Air India seals world's largest aircraft deal at $70 bn, orders 470 planes

Air India had last ordered planes in 2006, when it had booked 111 aircraft: 68 from Boeing and 43 from Airbus

A350 is centerpiece of Air India's long-haul strategy: Airbus India chief

Remi Maillard says first A350 will be delivered before end of this year; it only takes 11 days to qualify an A320 plane pilot into an A350 pilot

PM Modi speaks with Prez Biden after landmark Air India-Boeing deal

Prime Minister Narendra Modi spoke with US President Joe Biden on Tuesday and the two leaders hailed the landmark agreement between Air India and Boeing as a shining example of mutually beneficial cooperation that will help create new employment opportunities in both countries. According to an announcement by the White House, Boeing and Air India have reached an agreement under which the airline will purchase 220 planes from Boeing -- 190 B737 MAX, 20 B787, and 10 B777X -- for USD 34 billion. There will be an option to buy 70 more aircraft that could take the total transaction value to USD 45.9 billion. Prime Minister Modi had a "warm and productive" phone call with US President Biden, a statement issued by the Prime Minister's Office (PMO) said. The two leaders expressed satisfaction at the deepening of the India-US Comprehensive Global Strategic Partnership, which has resulted in robust growth in all domains, the PMO said. Prime Minister Modi and President Biden welcomed the ...

Air India Boeing purchase will support 1 mn American jobs, says Biden

Air India will purchase 220 planes from Boeing for USD 34 billion, with an option to buy 70 more aircraft that could take the total transaction value to USD 45.9 billion, a deal that US President Joe Biden described as a "historic agreement". While announcing the Boeing-Air India deal on Tuesday, Biden also asserted that together with Prime Minister Narendra Modi, he was looking forward to deepen the ties between India and the US. As per an announcement from the White House, Boeing and Air India have reached an agreement under which the airline will purchase 190 B737 MAX, 20 B787, and 10 B777X for a total of 220 firm order valued at USD 34 billion at list price. The deal will also include customer options for an additional 50 Boeing 737 MAX and 20 Boeing 787, totalling 290 airplanes for a total of USD 45.9 billion at list price. "I am proud to announce today the purchase of over 200 American-made aircraft through a historic agreement between Air India and Boeing," Biden said. The

Uphold ethical standards or face disciplinary action: AI to cabin crew

Air India has told its cabin crew to uphold ethical standards or face disciplinary action if their actions negatively affect the airline's reputation

Air India to buy 250 aircraft, including 40 wide-body planes from Airbus

Air India will acquire 250 aircraft, including 40 wide-body planes, from Airbus, Tata Sons Chairman N Chandrasekaran said on Tuesday. The Tata Group-owned airline will buy 40 wide-body A350 planes and 210 narrow-body aircraft. During a virtual event being attended by Prime Minister Narendra Modi and French President Emmanuel Macron, among others, Chandrasekaran said a letter of intent has been signed with Airbus for the acquisition of the aircraft. The wide-body aircraft will be used for ultra-long flights. Tata Group acquired Air India in January last year.

AI asks cabin crew not to indulge in conduct that impacts airline's image

Tata Group-owned Air India has asked its cabin crew to adhere to the standards of ethics and warned of disciplinary action in case their conduct directly impacts the airline's image, according to a source. In a communication to its cabin crew members on Monday, the airline's in-flight safety department has instructed them "not to indulge in any of the act which is against the TCOC (Tata Code of Conduct)". The communication was issued against the backdrop of a recent incident where a wide-body aircraft pilot allegedly was caught with two iPhone14 at the Delhi Airport and was subsequently asked to pay Rs 2.5 lakh towards (Customs) duty, the source in the know said. There was no immediate comment from Air India on the issue. "We are in receipt of feedback that some cabin crew are carrying items in commercial quantity on their return to India from a foreign country, which is against the customs regulation," the airline said in the communication. Noting that crew members are ambassador

Air India to add over 90 planes in two years in first order since 2006

This includes 56 planes that are part of mega aircraft order signed with Airbus and Boeing. These will be in addition to previously announced leases of 36 planes

Air India seals record order for about 500 jets from Airbus, Boeing: Report

The order reflects Air India's strategy to modernise its ageing fleet and re-capture a solid share of trips between India's large overseas diaspora and cities such as Delhi and Mumbai

Air India SATS to develop multi-modal cargo hub at upcoming Noida Airport

The Noida International Airport (NIA) has selected Air India SATS (AISATS), a leading organisation in the cargo and logistics sector, to develop a multi-modal cargo hub (MMCH) at the upcoming airport, an official statement said on Friday. Spanning across 80 acres of land, the upcoming cargo hub will provide quick, convenient and intermodal connectivity to and from manufacturing hubs in the country, it said. The cargo and logistics infrastructure and ecosystem will cater to a differentiated catchment and several upcoming industrial clusters in NCR and Uttar Pradesh, creating a cargo gateway for Northern India, the statement added. We are convinced that our novel approach to plan and develop a multi-modal cargo hub with integrated facilities and seamless processes will support the cargo and logistics industry in North India. The Noida International Airport cargo hub will help Western Uttar Pradesh and the NCR fully develop its cargo and logistics potential, Noida International Airport

Crew shortage impacts operations of some Air India flights to US, Canada

Crew shortage is impacting the operations of Air India, with some flights to the US and Canada either getting cancelled or facing inordinate delays, according to a source. Tata group-owned Air India, which is the only air operator flying on ultra-long haul routes, had faced problems last year also due to the shortage of crew members. An ultra-long haul flight's duration is more than 16 hours. "There is an acute shortage of manpower, which is impacting airline's operations particularly to the US and Canada," the source in the know told PTI. In the last 5-6 days, the airline has cancelled three flights to San Francisco in the US and one flight to Vancouver in Canada. Also, some of the flights on these routes are facing a delay of 10-12 hours, the source said on the condition of anonymity. There was no immediate response to queries sent to Air India. In the last two months, Air India has inducted two leased wide-body Boeing 777 planes as part of its fleet augmentation plans. The ai

Air India finalises deal with Airbus for buying around 250 planes

Air India has finalised an order for around 250 aircraft with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source in the know also said the airline has signed a deal with Boeing for about 200 planes. Specific details could not be immediately ascertained and there was no immediate comments from Air India about the deals. The Tata group-owned Air India is expanding its operations as well as fleet. On January 27, Air India chief Campbell Wilson said the airline is finalising a historic order of new aircraft. Air India, earlier under the ownership of the government, had acquired new aircraft more than 16 years ago. It has not purchased a single aircraft since 2005 and the last order was for 111 aircraft -- 68 with Boeing Co and remaining 43 with Airbus -- and that deal was worth USD 10.8 billion. The source told PTI that the deal with Airbus for around 250 planes has been finalised and the announcement is likely next week. The deal is li

Air India's three domestic destinations to be operated by AirAsia India

Full service airline Air India on Tuesday said three of its domestic destinations will now be operated by the budget carrier AirAsia India as part of the route network rationalisation plan. AirAsia India, which currently operates 19 domestic destinations, became a fully owned subsidiary of Tata Group last November. The group has already announced its merger with Air India subsidiary Air India Express to create a low-cost airline. In the current phase, three stations -- Bhubaneswar, Bagdogra and Surat -- will now be served by AirAsia India, instead of Air India. At the same time, flight services on Delhi-Visakhapatnam and Mumbai-Lucknow routes will be operated exclusively by Air India, the airline said. In all cases, the flight frequency remains the same, it added Additionally, Air India will enhance connections from Delhi and/or Mumbai to Cochin, Trivandrum, Visakhapatnam and Nagpur to enable seamless, two-way domestic-international connectivity with long-haul international flight

Air India to borrow Rs 18K-cr from SBI, BoB to refinance existing debt: Rpt

These loans will be in continuation of the debt facility Tata Group received following the acquisition of Air India