Page 71 - Air India

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

Air India in talks with aircraft makers to buy planes: CFO Vinod Hejmadi

Air India is in discussions with aircraft manufacturers for acquiring planes as the Tata group-owned airline plans to expand its fleet by three times compared to the current size, a senior executive said on Friday. Air India Chief Financial Officer Vinod Hejmadi also said the airline is currently in the "taxiing phase" and it will take two years before it takes off, consolidates and enters the growth mode. Since taking over Air India in January this year, Tatas have unveiled a comprehensive transformation plan for reviving the loss-making airline. The plan focuses on five factors -- industry leadership, robust operations, commercial efficiency, industry best-talent and exceptional customer experience. "In the Air India transformation journey, we are looking for, in the next five years, 30 per cent market share and we are planning to grow our aircraft fleet three times of what we currently have... We are looking forward to ensuring that we add on capacity for growth (and) discussions

Singapore Airlines confirms Vistara-Air India merger discussions

SIA, however, has cautioned its investors that there is no certainty of a deal

SIA in talks with Tata group for possible merger of Vistara, Air India

SIA owns 49% of Vistara in JV with Tata Group; Vistara could be merged into Air India, which is headed by former SIA executive

Top headlines: RBI unveils digital rupee features, HUL price cuts, and more

Business Standard brings you the top headlines at this hour

Indian airlines revamp their in-flight menus amid intense competition

Air India latest carrier to update menu, but others have tweaked their offerings too

Air India plans raising $1 bn; to start 20 weekly international flights

The carrier, controlled by India's oldest conglomerate Tata Group, is in discussions with potential investors including private equity funds and sovereign wealth funds, said the people

Air India halves discount on basic fares for senior citizens, students

Tata Group-owned full-service carrier Air India has reduced by half the discount offered on basic fares to senior citizens and students in the economy class on its flights, according to its website. The revised discount on basic fares is effective from September 29. Tata Group took control of the loss-making Air India from the government on January 27, this year. "... (under senior citizen and student concession) for tickets issued on/after 29th September 2022, 25 per cent (discount) of basic fare will be applicable on select booking classes in economy cabin," as per the website. Air India earlier was offering 50 per cent discount on select booking classes in economy cabins of its aircraft to these two categories of travellers, according to the website. Separately, in a circular dated September 28, the airline said "it has been decided to revise the concessionary fares with effect from 29th September 2022. The changes are applicable for tickets issued on/after 29th September ...

Passengers from bird-hit Air India plane leave for Delhi via another flight

The passengers who were stranded here a day ago after a Delhi-bound Air India plane was forced to land at the Kannur International Airport due to a bird hit, finally left for the national capital on Tuesday aboard another aircraft of the airline. The flight with 135 passengers had originated from Kozhikode and landed in the Kannur airport before flying to Delhi. "A Delhi-bound Air India flight from Bengaluru was routed through Kannur to pick up the 61 stranded passengers," the airport SHO told PTI. They were sent on the flight from Bengaluru as the bird-hit aircraft was still undergoing fitness trials and the airline did not want to further delay the travel plans of the passengers, the officer said. While the bird-hit aircraft was undergoing repairs, Air India also kept open the option of routing a flight from Bengaluru to Delhi through Kannur, the officer said. Earlier in the day, an Air India official said that they planned to send the passengers to Delhi on the same bird-hit ..