Tata-owned Air India incurred losses amounting to around Rs 7,000 crore in FY23 due to impairments related to faulty aircraft and engines, as well as the low-cost airline AirAsia India. However, executives noted that the losses have decreased, and the carrier achieved positive EBITDAR (earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs) […]
Air India, a Tata Group-owned global airline, on Tuesday signed purchase agreements to acquire 470 aircraft from Airbus and Boeing, going one step further in its USD 70 billion (based on list prices) fleet expansion program that it announced in February this year. The purchase agreements were signed on the sidelines of the ongoing Paris […]
TTRata Group’s Air India having ordered 470 odd planes from Boeing and Airbus will have a positive impact on job opportunities in India, both directly and indirectly, according to Ashish Saraf, Vice President and Country Head at Thales India. Saraf emphasised that this would provide Thales India with an advantage, enabling them to offer their […]
Tata-owned Air India is expected to receive its first Airbus 350 wide-body aircraft in the second half of 2023 — most likely from October. The Russian airline company Aeroflot’s orders for A350 aircraft by Airbus will now be delivered to Air India. Russia’s ongoing “special military operation” in Ukraine has led to sanctions against Russia […]
Following consecutive quarters of standout financial results, many expected Singapore Airlines (SIA) to turn in a dazzling set of numbers last week when it announced its full-year results. Singapore’s national carrier did not disappoint as it reported the highest annual profit in its 76-year history. For the financial year ending March 2023, the SIA Group […]
In view of the prevailing violence in Manipur, a full fee waiver on rescheduling or cancellation of tickets for all flights to or from the northeastern state has been extended by Air India till Monday. The airline started to offer these concessions on May 4. Several state governments, including those in the country’s northeastern part, […]
Air India may hire Go First cabin and cockpit crew as part of its mega expansion plans after the news of Go First going into bankruptcy, according to sources. Air India had placed a historic order for about 500 aircraft recently, and it will need crew for the operations. Recently, Air India had advertised that […]
Air India on Friday announced to minimise single-use plastic usage by approximately 80 per cent on board all flights across its worldwide network. The announcement came a day before Earth Day that will be observed across the globe on Saturday. In a statement, AI said, “The reduction has been achieved since the privatisation of Air […]
Air India’s Chief Customer Experience Officer Rajesh Dogra emphasised the importance of data sharing among aviation stakeholders to ensure seamless travel for passengers at the CAPA India Aviation Summit 2023. He highlighted a recent weather-related delay in Delhi where the airline faced difficulty reaching out to passengers because their contact details were not available. Dogra […]
The nonstop India-US connectivity has picked up further ahead of the upcoming peak summer travel season. Meanwhile, Air India will temporarily suspend six of its 47 weekly nonstops to the United States (US) for the next two to three months due to crew shortage, Air India CEO Campbell Wilson said on Monday. “We will be […]
