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Tata Trusts on Sunday said trustees of the Bai Hirabai Trust have decided to adopt proceedings before appropriate authority for alteration of restrictive clauses, such as prohibition of non-Zoroastrians from being trustees, in the eligibility criteria of being a trustee in it. The development comes days after Mehli Mistry, a former trustee of the Tata Trusts, challenged the appointments of veteran industrialist Venu Srinivasan and former defence secretary Vijay Singh to the board of Bai Hirabai Jamsetji Tata Navsari Charitable Institution (Bai Hirabai Trust) in a complaint to the Maharashtra Charity Commissioner. Mistry had claimed that Srinivasan and Singh do not satisfy the criteria laid out in the trust deed, including the specific conditions including practice of the Parsi Zoroastrian faith and residency requirements in Mumbai. Earlier this month, Srinivasan, a trustee of Tata Trusts, resigned from the Bai Hirabai Trust citing other business commitments but later admitted to ...
Air India expects to complete retrofitting of seven more legacy Boeing 787-8 planes this year as it upgrades the fleet of these aircraft that is key to the airline's long-haul operations. The loss-making carrier, which is in the midst of an ambitious transformation plan, has received the first of its retrofitted legacy Boeing 787-8 plane, which has 250 seats in three class configuration of business, premium economy and economy. The plane landed in the national capital on April 13. Air India's Chief Customer Experience Officer Rajesh Dogra on Sunday said the airline expects to complete retrofitting of a total of eight legacy Boeing 787-8s this year. This includes the plane that landed on April 13. On Sunday, the airline unveiled the retrofitted, twin-aisle B787-8 (VT-ANT) that underwent a nose-to-tail cabin refresh. According to Dogra, 85 per cent of the legacy Boeing 787-8 planes retrofit is expected to be completed by the end of 2027 and retrofitting of all such aircraft is likel
Singapore Airlines CEO Goh Choon Phong will be meeting senior Tata Group executives on Thursday, and both sides are expected to have detailed discussions on loss-making Air India. Goh Choon Phong arrived at the Bombay House, the headquarters of the Tata Group, on Thursday morning. Tata Group acquired Air India from the Indian government in January 2022, and later Singapore Airlines purchased a 25.1 per cent stake in the airline. A source said he would be meeting senior Tata Group executives. Details about his planned meetings with the Tata Group executives could not be immediately ascertained. According to reports, the Singapore Airlines CEO will be meeting Tata Sons Chairman N Chandrasekaran. The meeting assumes significance against the backdrop of Air India facing multiple headwinds, including spiralling operating costs due to the airspace curbs in the wake of the West Asia conflict and the closure of Pakistan airspace for nearly a year now. These restrictions have forced the
The first refurbished wide-body Boeing 787-8 aircraft of Air India landed at Delhi Airport on Monday, more than three years after the Tata Group-owned airline announced a USD 400-million investment plan to carry out a comprehensive refit of its legacy twin-aisle fleet. The aircraft, VT-ANT, operated a non-stop ferry flight from San Bernardino in the United States, flying over the Pacific, and landed at Indira Gandhi International Airport in Delhi at 10 pm, the airline said. San Bernardino International Airport in California acts as a major hub for maintenance, painting and storage of Boeing aircraft. Air India on Monday welcomed its first retrofitted, twin-aisle B787-8 (registered VT-ANT), marking the successful completion of a nose-tail cabin refresh of the first of 26 B787 aircraft, the airline said. Loss-making private carrier Air India's legacy widebody fleet comprises Boeing 787-8s and B-777s. These aircraft operate on several long-haul destinations across the UK, Europe, the
Air India CEO and Managing Director Campbell Wilson on Tuesday told the staff that it was the right time to hand over the reins for the airline's next phase of growth. Wilson, who has decided to resign, has been at the helm for four years since mid-2022 and will remain with the airline to ensure a smooth succession. "I am incredibly proud of what you have achieved, especially in the face of unprecedented headwinds in the form of aircraft delivery and supply chain challenges, two wars, crippling airspace closures and fuel prices and, most acutely, tragedy," Wilson said. He said that it was the right time to hand over the reins of the airline. "With a brief window until bulk deliveries from the nearly 600-strong aircraft order book commence in earnest from 2027, the time is right for me to hand over the reins for the next phase of Air India's rise," Wilson said. The loss-making airline, acquired by the Tata Group from the government in January 2022, has been facing various headwinds