ADP will sell 3.4 per cent of its shares for €256 million and receive a put option to sell an additional 3.9 per cent for about €285 million
While relying on its minority shareholder for operational support, Tata Group, which owns 74.9% of Air India, is focusing on commercial, human resources, finance and information technology functions
Air India flags higher tariffs, poor connectivity, and dual-operation costs as hurdles to shifting flights to Navi Mumbai Airport, challenging expectations of rapid airline migration
India has expanded ATF norms to allow blending with synthetic hydrocarbons, supporting alternate fuels and reducing reliance on crude imports amid energy concerns
The change allows for the inclusion of alternative and synthesised components within the fuel mix
There are 26 legacy B787-8 planes in Air India's fleet, said the airline's Chief Customer Experience Officer Rajesh Dogra
The Tata Group-owned airline has 33 Boeing 787s or Dreamliners in its fleet of over 190 planes
Salary delays have stretched to months while fleet size has dropped, pushing the cash-strapped airline to seek govt funding as competition, operational constraints intensify, a media report said
Singapore Airlines CEO meets Tata Sons leadership as mounting losses and operational hurdles weigh on Air India
A SpiceJet aircraft made contact with an Akasa Air plane at Delhi airport, forcing passengers to deplane, with no injuries reported; authorities have begun an investigation
According to reports, the right winglet of the SpiceJet aircraft was damaged, while the left-hand horizontal stabiliser of the Akasa plane was struck in the collision
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
Maran side calls it rehashed distress plea; court tests feasibility of asset sale
Size of the infusion from the majority shareholders is still being discussed but may be less than what the carrier needs, meaning Air India would have to look for other financing options
Navi Mumbai Airport ranks among India's top 10 within months, easing Mumbai congestion and set for rapid growth with airline expansion plans
Air India receives its first refurbished Boeing 787-8, marking progress in its $400 million fleet upgrade plan after delays
Flights from Germany to several Middle Eastern destinations are exempt due to the current conflict in the region, the union said
With over 17,000 additional seats now available each month, the move will boost air connectivity and economic growth in the region, Star Air said
Wildlife Institute of India warns of ecological damage and aviation risks at proposed Puri airport site after MoEFCC clears forest land diversion
The Federation of Indian Airlines (FIA), which represents top carriers IndiGo, Air India and SpiceJet, has asked India to push Dubai authorities to lift the curbs