Air India chairman Ashwani Lohani likely to meet SBI chief over leasing of 5 wide-body Jet Airways planes
5 years, 8 months ago

Air India chairman Ashwani Lohani likely to meet SBI chief over leasing of 5 wide-body Jet Airways planes

Firstpost  

After the grounding of Jet Airways, Air India is the only domestic carrier now operating services on long haul and ultra-long haul routes Mumbai: Air India chairman Ashwani Lohani is likely to meet State Bank chairman Rajnish Kumar on Friday over the national carrier’s plans to lease five wide-body Boeing planes from the now grounded Jet Airways. Weighed down by a mountain of debt and falling revenue, Jet Airways announced suspension of its entire operations from Wednesday night and owns 16 wide-body planes, 10 B777-300ERs and six Airbus A330s. The Air India chairman had written to SBI chief on Wednesday expressing interest in taking on lease five of the Boeing 777s from Jet and deploy them in key international routes. After the grounding of Jet, Air India is the only domestic carrier now operating services on long haul and ultra-long haul routes like London, Paris, New York, Washington, Chicago and San Francisco, among other cities.

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After Indigo, Air India signs pacts with Airbus, Boeing to buy 470 aircrafts
1 year, 6 months ago

After Indigo, Air India signs pacts with Airbus, Boeing to buy 470 aircrafts

India TV News  

Air India on Tuesday signed agreements with Airbus and Boeing for acquiring 470 planes for an estimated USD 70 billion at list prices. Air India said the agreements go "one step further in its USD 70 billion fleet expansion program that it announced in February this year". Campbell Wilson, Air India CEO, and MD said its ambitious fleet renewal and …

Air India's order for 470 jets at list price of $70 billion
1 year, 10 months ago

Air India's order for 470 jets at list price of $70 billion

The Hindu  

Tata group-owned Air India's order for a record 470 aircraft from Airbus and Boeing Co will be at a list price of $70 billion, Chief Executive Campbell Wilson said on February 27, as the airline seeks opportunities to expand in long haul international. Air India had, earlier this month, announced provisional deals for 220 planes from Boeing and 250 from …

From record jet deal to operation strategy: Air India CEO gives key insights into airline's future
1 year, 10 months ago

From record jet deal to operation strategy: Air India CEO gives key insights into airline's future

India Today  

A few weeks after Air India announced the biggest deal in the history of commercial aviation, the carrier’s CEO, Campbell Wilson, shared details about his experience at the airline, the significance of the 470-jet deal, future market strategy and its role in developing the country into a world class aviation hub. Domestic and international strategy Commenting on future strategy for …

Air India to boost its fleet with the purchase 470 Boeing and Airbus planes
1 year, 10 months ago

Air India to boost its fleet with the purchase 470 Boeing and Airbus planes

Op India  

Air India, India’s flagship carrier and part of the Tata Sons conglomerate, today announced that it had signed letters of intent with Airbus and Boeing to acquire both widebody and single-aisle aircraft. Commenting on the occasion, Tata Sons and Air India Chairman, N Chandrasekaran, said “Air India is on a large transformation journey across safety, customer service, technology, engineering, network …

SpiceJet, Air India step in to clean up after Jet Airways
5 years, 8 months ago

SpiceJet, Air India step in to clean up after Jet Airways

Live Mint  

New Delhi/Mumbai: Budget airline SpiceJet Ltd and national carrier Air India Ltd have stepped in to stabilize India's aviation industry and ease the pain from wage losses caused by Jet Airways Ltd’s descent into insolvency and operational shutdown. Air India has, on its part, volunteered to temporarily use some of Jet Airways’ grounded planes on key international routes. Air India …

Air India chief meets SBI chairman over leasing Jet planes
5 years, 8 months ago

Air India chief meets SBI chairman over leasing Jet planes

Live Mint  

Air India chairman Ashwani Lohani held preliminary talks with his State Bank counterpart Rajnish Kumar in the Capital Friday on the national carrier's interest in leasing five Boeing 777s from the now-grounded Jet Airways, sources close to the development said. "During the meeting with Kumar, Lohani discussed his proposal on leasing five B777s of Jet Airways," the sources told PTI. …

Air India may lease five of Jet Airways' grounded planes, plans to operate them to London, Dubai and Singapore
5 years, 8 months ago

Air India may lease five of Jet Airways' grounded planes, plans to operate them to London, Dubai and Singapore

Firstpost  

Mumbai: National carrier Air India is looking at leasing five of the grounded carrier Jet Airways Boeing 777s and operate them to London, Dubai and Singapore. Jet Airways, grounded since last night, owns 10 wide-body Boeing 777-300 ER planes, along with a few Airbus A330s, which it used to operate on medium and long-haul international destinations such as London, Amsterdam …

Air India keen on taking 5 grounded Jet Boeings
5 years, 8 months ago

Air India keen on taking 5 grounded Jet Boeings

Live Mint  

New Delhi: Air India wants to take 4-5 wide-body Boeing 777 aircraft of the now-grounded Jet Airways and may hold discussions for it with the airline's lead lender State Bank of India. Jet Airways has 10 Boeing 777 in its fleet which it used to serve various popular destinations in Europe and North America before halting the entire international operations. …

As Jet halts flight operations temporarily, Air India eyes airline's routes to fly B777s
5 years, 8 months ago

As Jet halts flight operations temporarily, Air India eyes airline's routes to fly B777s

India Today  

National carrier Air India is hoping to take over some routes previously assinged to Jet Airways, after it was forced to temporarily shut operations on Wednesday. Air India on Thursday said it wants to fly a few of its Boeing-777 aircraft on the routes previously assgined by Jet Airways, which shut down after lenders refused to pay Rs 400 crore …

Dilli Ka Babu: Lohani’s return to Air India
5 years, 9 months ago

Dilli Ka Babu: Lohani’s return to Air India

Deccan Chronicle  

Jet falling into SBI’s lap for eventual sale has drawn more attention to the reappointment of Ashwani Lohani as chairman and managing director of Air India and continues to be talked about in babu circles. Mr Lohani had already served as CMD of Air India before being appointed as chairman of the railway board, an ex-officio post of principal secretary. …

Ashwani Lohani, ex-Railway Board head, appointed chairman of Air India; second stint as chief of national carrier
5 years, 10 months ago

Ashwani Lohani, ex-Railway Board head, appointed chairman of Air India; second stint as chief of national carrier

Firstpost  

Ashwani Lohani’s first tenure as chief in national carrier Air India was from August 2015 to August 2017 Former Railway Board chairman Ashwani Lohani was on Wednesday appointed chairman and managing director of Air India, according to a government order. Ashwani Lohani takes charge as a Chairman and Managing Director of Air India. Lohani’s first tenure in Air India was …

Ashwani Lohani to head cash-strapped Air India for second time within two years; will take charge tomorrow
5 years, 10 months ago

Ashwani Lohani to head cash-strapped Air India for second time within two years; will take charge tomorrow

Firstpost  

Mumbai: The government on Wednesday called back the retired technocrat Ashwani Lohani to head the cash-strapped national carrier Air India as chairman and managing director for a second time within two years. It was during his tenure that Air India made its first operating profit of Rs 105 crore in FY17 since the merger of Indian Airlines and Air India …

Ashwani Lohani appointed Air India CMD for second time
5 years, 10 months ago

Ashwani Lohani appointed Air India CMD for second time

Live Mint  

Former Railway Board chairman Ashwani Lohani has been appointed chairman and managing director of Air India, according to an order issued by the government on Wednesday. "The appointments committee of the Cabinet has approved the appointment of Ashwani Lohani to the post of chairman and managing director of Air India on contract basisfor one year or until further orders," the …

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