
3 years, 1 month ago
What are the challenges facing Air India after acquisition by Tatas?
Business StandardIt appears that the JRD’s silent prayer has been answered. Air India also had about Rs 15,000 crore excess liabilities towards unpaid fuel bills and other operational creditors. But as Air India takes off to reclaim its lost glory under the Tata Group, it will face turbulence in the form of major challenges that need to be addressed. While Air India has a fleet of 141 aircraft, a mix of narrow and wide-body Airbus and Boeing aircraft, the airline has agreed to hand over only 118 of them in fly-worthy condition to Tatas. Similarly, on the Boeing 777 fleet -- the mainstay for Air India’s lucrative US operations -- at least two aircraft have been found not fit to fly, while the remaining need heavy refurbishing.
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History of this topic

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