Page 70 - Air India

VRS scheme: Air India gives cabin crew option to extend their release date

Air India has given an option to the cabin crew who have opted for voluntary retirement scheme to extend their tenure until January 31 next year, amid shortage of cabin crew and long waiting period for US visas, according to sources. The Tata group-owned airline, which is being revived with expanding fleet and routes, offered Voluntary Retirement Scheme (VRS) to its employees, including the cabin crew, in June this year. The relieving date for those who opted for the VRS was fixed as November 30. The sources said around 4,500 employees had applied for the scheme. "The release date from the services of the company for VRS crew has been extended. Crew members may choose to extend their release date till January 31, 2023," the airline said in a communication on Saturday. A query sent to Air India seeking comments on the matter remained unanswered. According to the communication, the VRS scheme remains unchanged and the VRS benefit will be applicable to employees who are extending the

Calicut-bound Air India flight returns to Mumbai due to technical glitch

Air India flight AI 581 was carrying more than 110 passengers, according to an official

Air India leasing more planes to expand network, grow market share: CEO

Currently, the airline has 113 aircraft which include both narrow-body and wide-body Airbus and Boeing planes

Air India to introduce premium economy class in some long haul flights: CEO

Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said on Saturday as the Tata group-owned airline works on ways to expand its market share as well as the global network. In his speech at an event by the JRD Tata Memorial Trust here, Wilson said the airline will increase its market share to at least 30 per cent in domestic and international routes. The airline is implementing a long-term revival plan and over the next five years, it aims to grow its wide-body and narrow-body fleet as well as expand the global network. "The short-term actions have been to replace carpets, curtains, seat cushions and covers. To fix defective seats and inflight entertainment systems as fast as supply chains will allow. And where parts are no longer available in the market, to work with the likes of Tata Technologies to design and manufacture parts ourselves. "We've recently completely revamped the domestic inflight

Tata Group to own 75% stake and SIA 25% in the merged entity: Report

The Air India-Vistara merger is expected to be completed within a year after getting all approvals

Top headlines: Tata plans to scrap Vistara, Amazon layoff to extend to 2023

Business Standard brings you the top headlines at this hour

Year-end fares go through the roof as airlines fly on low capacity

More than 75 planes are grounded; Goa to see 11% fewer flights in December

Tata Group plans to merge carriers under Air India, scrap Vistara brand

Tata is considering scrapping Vistara brand, Singapore Airlines Ltd's local affiliate in South Asian nation; Singapore Airlines is evaluating the size of stake it should take in the combined entity

US fines Air India $1.4 mn for 'extreme delays' in passengers refunds

'A flight cancellation is frustrating enough, and you shouldn't also have to haggle or wait months to get your refund'

US transport dept fines Air India $1.4 mn for delaying refunds of $121 mn

Refunds were on account of flights cancelled during Covid-19 pandemic; AI among six airlines that collectively forked out $600 mn in refunds and $7.25 mn in penalties

Air India joins industry bodies FIA, AAPA to help shape aviation future

Tata group-owned Air India on Monday said it has joined two industry bodies, Federation of Indian Airlines (FIA) and Association of Asia Pacific Airlines (AAPA). FIA is a grouping of domestic airlines while AAPA is a trade association for scheduled international airlines. AAPA has major carriers from North East, South East and West Asia, among others as its members. Air India has joined the two industry groupings to contribute to and help shape the future of the aviation sector, it said in a statement. The airline is already a member of the global airlines' body International Air Transport Association (IATA) and it will be taking a more active role in the alliance going forward, the statement added. "India is on the cusp of an aviation boom and it is the responsibility of Air India to play an active role in helping realise this potential. "These membership along with our existing role in IATA, allows us to work together with our domestic and international peers, as well as other

Tata Sons start process to bring all its airlines under one roof: Report

The expected merger is set to happen within a month of the Tata group completing the consolidation of Air India Express and AirAsia 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