Opinion | Air India under Tatas will surely regain its lost glory
3 years, 2 months ago

Opinion | Air India under Tatas will surely regain its lost glory

India TV News  

In a historic acquisition, the Tata group, after a gap of 68 years, was set to regain control of India’s national carrier Air India, after its bid of Rs 18,000 crore was accepted by the Centre. While admittedly it will take considerable effort to rebuild Air India, it will hopefully provide a very strong market opportunity to the Tata group’s presence in the aviation industry. Tata Sons subsidiary Talace Pvt Ltd will acquire a 100 per cent stake in Air India and Air India Express, and 50 per cent stake in ground handling joint venture Air India SATS. According to the terms of sale, the Centre will get Rs 2,700 crore in cash from Tata group, while the balance Rs 15,300 crore will go towards taking over nearly 25 per cent of the government’s total Air India debt of Rs 61,562 crore. On Friday, October 8, the Centre decided to hand over the family silver back to Tatas.Civil Aviation Minister Jyotiraditya Scindia welcomed the decision to sell Air India to Tata Sons.

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History of this topic

Air India places firm order for 100 more aircraft with Airbus
Trending News
2 weeks ago

Air India places firm order for 100 more aircraft with Airbus

Live Mint  

New Delhi: Tata Sons-owned Air India on Monday said it has placed a firm order for 100 more aircraft with Airbus. With the latest order, Air India's total order book now stands at 570 aircraft, which has overshadowed IndiGo's previous order of 500 aircraft. In 2023, Air India placed an order for 470 aircraft with Boeing and Airbus worth $70 …

Air India to increase fleet size by a third to 400 planes by 2027: CEO
3 weeks, 4 days ago

Air India to increase fleet size by a third to 400 planes by 2027: CEO

Live Mint  

Tata Sons-owned Air India is aiming to increase the group's fleet capacity by a third to 400 aircraft by 2027, its chief executive Campbell Wilson said on Thursday. On 12 November, Air India completed its much-awaited merger with Vistara to create an integrated airline, partly owned by Singapore Airlines, that will be flying 120,000 passengers daily and connect more than …

‘Six months is reasonable…’: Tata-owned Air India’s CEO Campbell Wilson on Boeing aircraft delivery delay
3 weeks, 4 days ago

‘Six months is reasonable…’: Tata-owned Air India’s CEO Campbell Wilson on Boeing aircraft delivery delay

Live Mint  

Tata Group-owned aircraft carrier Air India's Chief Executive Officer Campbell Wilson, while talking about delays in aircraft maker Boeing's pipeline, said that there is a delay in getting all “50 white-tail aircraft,” which were expected to join the fleet early December this year, PTI reported on Thursday, November 28. Out of the 50 white-tail Boeing 737 MAX aircraft, at least …

The Taste by Vir Sanghvi: Farewell Vistara; the airline's legacy and challenges for Air India's future
1 month, 1 week ago

The Taste by Vir Sanghvi: Farewell Vistara; the airline's legacy and challenges for Air India's future

Hindustan Times  

So farewell then Vistara. Its inflight service was generally much better than Air India’s though its ground handling could be a mess. And judged purely as a venture between one of the world’s best airlines, Singapore Airlines, and India’s most respected business group, the Tatas, it was curiously underwhelming. I never quite worked out how even though Air India and …

Air India-Vistara merger completed: Tata-group airline becomes India’s largest international carrier; here’s how
Trending News
1 month, 1 week ago

Air India-Vistara merger completed: Tata-group airline becomes India’s largest international carrier; here’s how

Live Mint  

Air India on Tuesday completed the Vistara merger to create an integrated airline, partly owned by Singapore Airlines, that will be flying over 1,20,000 passengers daily and connect more than 90 destinations. "Post-merger, Air India Group operates a combined fleet of 300 aircraft covering 55 domestic and 48 international destinations, with 312 routes and 8,300 flights per week. Singapore Airlines …

Vistara-Air India merger comes into effect: Now, how many planes does Tata Group have? All you need to know
1 month, 1 week ago

Vistara-Air India merger comes into effect: Now, how many planes does Tata Group have? All you need to know

India TV News  

Vistara -- a joint venture between Tatas and Singapore Airlines -- merged with Tata Group-owned Air India, creating an enlarged entity that is now the country's largest international carrier and second-largest domestic carrier. After the merger - which has drastically changed India's aviation landscape in terms of business - Tata Group-owned Air India became the country's largest international carrier and …

Why Indian carriers struggle to survive despite airport boom and record footfall
1 month, 1 week ago

Why Indian carriers struggle to survive despite airport boom and record footfall

Firstpost  

The Indian aviation industry may seem to be soaring, but it has a history of airline shutdowns due to money troubles, intense competition and management issues. While Air India merged with Indian Airlines in 2007 to become the largest full-service airline, other major players like Kingfisher, Jet Airways and Air Sahara all eventually collapsed. Boeing’s 2023 outlook estimates that over …

One market, two models: How a Vistara-enhanced Air India will take on budget airlines like IndiGo
1 month, 1 week ago

One market, two models: How a Vistara-enhanced Air India will take on budget airlines like IndiGo

Firstpost  

The merger of Vistara with Air India sets the stage for a fierce battle between full-service luxury and budget-friendly options as IndiGo continues to dominate the low-cost market On November 12, 2024, the Indian aviation industry will see a major shift with Vistara, a full-service airline jointly owned by Tata Group and Singapore Airlines, merging with Air India, which is …

Indian-American CEO shares ‘worst’ experience on Delhi-bound Air India flight: Watch
3 months ago

Indian-American CEO shares ‘worst’ experience on Delhi-bound Air India flight: Watch

Hindustan Times  

An Indian-American passenger took to TikTok to criticise and slam Air India and share his “worst” experience while travelling on a business class seat from New Delhi to Chicago non-stop flight. Anip Patel, CEO of CaPatel Investments shared it was the “nightmare” and the “worst first class cabin” he had on and paid $6300 dollars for this horrible experience. Patel …

Air India posts 60% fall in losses at ₹4,444 crore in FY24: Tata Group
3 months, 2 weeks ago

Air India posts 60% fall in losses at ₹4,444 crore in FY24: Tata Group

The Hindu  

Tata Group-owned Air India shaved off its losses by 60% to ₹4,444.10 crore in FY24 over the previous year, according to the Tata Sons annual report for 2023-24. The report said the group is consolidating its aviation presence with the merger of AirAsia India with Air India Express and the ongoing merger of Vistara with Air India. It also said …

Vistara Shuts After Air India Merger: A Complete Timeline of Tata Group's Airline Business
3 months, 3 weeks ago

Vistara Shuts After Air India Merger: A Complete Timeline of Tata Group's Airline Business

News 18  

In a major development, full-service carrier Vistara is going to shut its operations after November 11, following the parent firm Tata group’s decision to merge the airline with Air India. The central government has cleared the last roadblock to national carrier Air India Ltd’s merger with smaller rival Vistara, approving a S$360 million investment by Singapore Airlines Ltd. into the …

Air India-Vistara Merger: Govt Approves $276 Million Investment By Singapore Airlines
3 months, 3 weeks ago

Air India-Vistara Merger: Govt Approves $276 Million Investment By Singapore Airlines

News 18  

The Centre cleared the last roadblock to national carrier Air India Ltd.’s merger with smaller rival Vistara, approving a S$360 million investment by Singapore Airlines Ltd. into the new combined carrier. With the clearance in place, the merger, which will see Singapore Airlines acquire a 25.1 percent stake in Air India, is expected to be completed by the end of …

Air India welcomes first narrow body aircraft in Delhi
5 months, 2 weeks ago

Air India welcomes first narrow body aircraft in Delhi

The Hindu  

Tata Group-owned Air India welcomed its first narrow-body aircraft in new livery. This addition to the Air India fleet features a three-class configuration, including luxury business class seats, 24 premium economy seats with extra legroom, and 132 comfortable economy class seats. Currently, three A320 Neo aircraft with three-class configurations in the old Air India livery have already commenced operations within …

Why Air India’s overhaul plan has hit an air pocket
6 months, 1 week ago

Why Air India’s overhaul plan has hit an air pocket

Hindustan Times  

Rahu and Ketu, the two “ dashas ” as per Hindu mythology, are phases that offer an opportunity for a transformative experience if one is able to overcome the obstacles and challenges one encounters during them with wisdom, balance and self-realisation. By all indications, India’s erstwhile national carrier Air India, now owned by Tata Sons, is undergoing an intense period …

NCLT gives nod for Vistara-Air India merger
6 months, 2 weeks ago

NCLT gives nod for Vistara-Air India merger

The Hindu  

The National Company Law Tribunal on Thursday granted its approval for the merger of Vistara with Air India allowing a period of nine months for the dissolution of the former. The Tata Sons also fully own Air India Express which was merged with erstwhile AirAsia India, rechristened as Air India Connect after Malaysian airline group AirAsia sold its entire stake …

Air India Delhi-Vancouver flight takes off after 22 hours delay in third incident in a week
6 months, 3 weeks ago

Air India Delhi-Vancouver flight takes off after 22 hours delay in third incident in a week

The Hindu  

Air India's Vancouver flight from Delhi of June 1 finally departed at 3.15 a.m. on June 2 after a delay of nearly 22 hours, a source said. "The Delhi-Vancouver flight of Air India, which was to depart on Saturday morning, finally left at around 3.15 a.m. on Sunday," the source said. "AI 185.was delayed because of technical issues and subsequently …

Air India ceased be State or its instrumentality under Article 12 post disinvestment: SC
7 months, 1 week ago

Air India ceased be State or its instrumentality under Article 12 post disinvestment: SC

The Hindu  

Air India Limited ceased to be State or its instrumentality under Article 12 of the Constitution after its disinvestment and take over by the Tata Group in January 2022, and no case of alleged violation of fundamental right would lie against it, the Supreme Court ruled on May 16. The apex court dismissed the appeals filed against a September 20, …

After decades of decline, Air India is betting billions on a comeback
7 months, 2 weeks ago

After decades of decline, Air India is betting billions on a comeback

Al Jazeera  

CEO Campbell Wilson says journey to restoring Air India’s reputation is ‘well under way’. Tasked with leading this mission is Air India CEO Campbell Wilson, who was recruited from Singapore’s low-cost airline Scoot in 2022 to turn around the carrier, founded in 1932 by French-Indian aviator entrepreneur JRD Tata. After the “capital-intensive” five-year plan is completed, Air India hopes to …

Air India Express cancellations: Monopoly routes will be hit the most
7 months, 2 weeks ago

Air India Express cancellations: Monopoly routes will be hit the most

Hindustan Times  

After Vistara’s challenges with network disruption in the first week of May, another Tata group airline - Air India Express is facing a major disruption today. Data provided by Cirium - an aviation analytics company, exclusively for this article shows that Air India Express has 778 domestic departures while 412 are international per week. On the domestic side, all airlines …

Airfares are soaring amid turbulence in civil aviation
8 months, 1 week ago

Airfares are soaring amid turbulence in civil aviation

Live Mint  

With India’s civil aviation sector going through turbulence, fliers are being forced to tighten their budgetary belts, as airfares have soared at a dizzying angle. For a quick explanation, Exhibit ‘A’ is Tata-run Vistara’s recent declaration of scaling back operations by about 25-30 flights per day, or roughly 10% of its capacity, amid a shortage of pilots. After Air India’s …

The Tatas were expected to quickly revive Air India. We are still waiting
10 months, 3 weeks ago

The Tatas were expected to quickly revive Air India. We are still waiting

Hindustan Times  

Over the past few days, several viral reels, videos, and posts have surfaced on social media, expressing concerns about the quality of aircraft provided by Air India. A recent incident involved a passenger who paid ₹4.5 lakh for a journey from Canada to Delhi on one of Air India's B777s, highlighting complaints about seat comfort and the overall condition of …

‘Assessing ways to tackle fog situation better’: Air India CEO in message to staff
10 months, 4 weeks ago

‘Assessing ways to tackle fog situation better’: Air India CEO in message to staff

Hindustan Times  

Air India chief executive officer and managing director Campbell Wilson on Thursday said that the airline was assessing ways to tackle the fog situation better. In an internal message to the employees on Thursday, Campbell said, “As fog will recur in future seasons and airport/airway congestion will only increase, our Operations team is assessing how to better cope, such as …

Air India shares first look of plane after logo rebranding. See pics
1 year, 2 months ago

Air India shares first look of plane after logo rebranding. See pics

Live Mint  

Tata Group-owned Air India has unveiled how its planes would look since it changed its logo. First look of Air India plane after logo rebranding. Air India's new logo Air India's new logo includes a modern design with golden, red, and purple colours. The Vista, the new logo symbol for Air India, takes its inspiration from the peak of the …

Air India Express takes delivery of its first B737 aircraft
1 year, 2 months ago

Air India Express takes delivery of its first B737 aircraft

Live Mint  

New Delhi: Air India Express has taken delivery of the first two Boeing 737-MAX, at the Boeing facility in Washington, US. As part of the government's strategic divestment programme, the Tatas acquired full ownership of both Air India and its subsidiary Air India Express in January 2022. Following the launch of Air India’s new logo and livery, the Tata group …

CCI approves Vistara-Air India merger
1 year, 3 months ago

CCI approves Vistara-Air India merger

The Hindu  

The Competition Commission of India on Friday approved the merger of Vistara with Air India as well as allowed Singapore Airlines to acquire 25.1% stake in the erstwhile national carrier. With this CCI nod, Air India has completed a major regulatory procedure towards becoming a company that comprises four airlines, including AirAsia India and Air India Express apart from Vistara. …

Air India unveils new brand logo, livery as part of transformation plan under Tata Group | WATCH
1 year, 4 months ago

Air India unveils new brand logo, livery as part of transformation plan under Tata Group | WATCH

India TV News  

As part of its ongoing transition since being acquired by Tata Group more than one and a half years ago, Air India introduced a new brand logo and aircraft livery on Thursday. The new look transforms the iconic Indian window shape, historically used by Air India, into a gold window frame that becomes the focal point of the new brand …

Air India: ₹7,000 Crore write-offs in FY23
1 year, 5 months ago

Air India: ₹7,000 Crore write-offs in FY23

Live Mint  

Air India incurred significant write-offs amounting to an estimated ₹7,000 crore during the financial year 2022-23. However, despite these challenges, Air India managed to reduce its losses and achieve positive earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs at an operating level, the publication reported. Air India, along with its subsidiary Air India Express, achieved EBITDAR positivity …

40% seats on Air India planes repaired since Tata take-over
1 year, 5 months ago

40% seats on Air India planes repaired since Tata take-over

The Hindu  

Crumbling seats, broken armrests, and dysfunctional seat-back entertainment screens on Air India’s aircraft often make the airline a subject of passenger ire but a massive repair and revamp exercise is afoot under which 40% of seats across its widebody and narrowbody planes have already been repaired since the Tata take-over last January. $400 million for retrofit The airline has also …

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 …

India is now the most populous country in the world. And it’s ready to become a tourism force
54 years, 11 months ago

India is now the most populous country in the world. And it’s ready to become a tourism force

CNN  

CNN — Having recently become the world’s most populous nation, India has sparked much speculation about whether it will continue to surpass China in other arenas. India is experiencing what Omri Morgenshtern, CEO of travel and bookings website Agoda, calls a tourism “boom,” and is currently “the biggest growing outbound destination.” While the total number of travelers coming from some …

India deserves to have non-stop flights to more overseas destinations: Air India CEO
1 year, 6 months ago

India deserves to have non-stop flights to more overseas destinations: Air India CEO

The Hindu  

Asserting that India deserves to have international non-stop connectivity to more destinations, Air India chief Campbell Wilson has said the country has in some respect not been able to control its own destiny as a consequence of not having a healthy domestic airline industry. Mr. Wilson, who is piloting Air India's massive expansion plans in terms of fleet as well …

India deserves to have non-stop flights to more overseas destinations: Air India CEO
1 year, 6 months ago

India deserves to have non-stop flights to more overseas destinations: Air India CEO

India TV News  

Asserting that India deserves to have international non-stop connectivity to more destinations, Air India chief Campbell Wilson has said the country has in some respect not been able to control its own destiny as a consequence of not having a healthy domestic airline industry. This is not the first time that an airline has failed in the country and "it …

‘A passenger boarding Air India must be pleasantly surprised’: CEO Campbell Wilson
1 year, 6 months ago

‘A passenger boarding Air India must be pleasantly surprised’: CEO Campbell Wilson

The Hindu  

Air India has moved from its “taxi” phase and is now in “take-off” mode, the second phase of its comprehensive five-year transformation programme, said Chief Executive Officer and Managing Director Campbell Wilson. The consolidated Air India will be one full service airline called Air India, and one low cost airline called Air India Express which will fly narrowbody aircraft domestically …

Air India, Air India Express have hired more than 3,900 people this year, says airline chief Campbell Wilson
1 year, 7 months ago

Air India, Air India Express have hired more than 3,900 people this year, says airline chief Campbell Wilson

The Hindu  

Air India chief Campbell Wilson on Friday said the airline and Air India Express have hired more than 3,900 people, including over 500 pilots and 2,400 cabin crew members, since the start of this year. We also saw our 1,000th new cabin crew of the year commence operational duties," Mr. Wilson said in a message to Air India employees on …

Government to make Rs 300 crore equity infusion in Alliance Air, earlier Air India wing
1 year, 7 months ago

Government to make Rs 300 crore equity infusion in Alliance Air, earlier Air India wing

India TV News  

Alliance Air : Amid financial headwinds faced by Alliance Air, the government has stepped forward to make an equity infusion of Rs 300 crore. The regional carrier Alliance Air, the earlier part of Air India, is now owned by AI Assets Holding Ltd, a special-purpose vehicle formed by the central government. The finance ministry has approved an equity infusion of …

Why airlines keep folding in India’s booming aviation market
1 year, 7 months ago

Why airlines keep folding in India’s booming aviation market

Live Mint  

Go Airlines India Ltd. this week became the latest victim in the battle of the skies over India. Go, run by cookie-to-clothing magnate Nusli Wadia’s group, is the third high-profile carrier majority owned by a billionaire that has ceased to fly in the past 11 years. Modi has committed to steer the state away from business, proving his credentials by …

How Tata Sons chairman responded to complaints about Air India
1 year, 7 months ago

How Tata Sons chairman responded to complaints about Air India

Firstpost  

In reference to Air India’s improvement efforts, Tata Sons chairman N Chandrasekaran stated that significant changes are taking place in several areas. N Chandrasekaran, the chairman of Tata Sons, has stated that the overhaul of Air India is still in progress and the entire nation is cheering for the airline. During the BT MindRush 2023 event on Wednesday, Chandrasekaran shared …

‘Each day, I get 4-5 mails on Air India’: Tata Sons chairman N Chandrasekaran
1 year, 7 months ago

‘Each day, I get 4-5 mails on Air India’: Tata Sons chairman N Chandrasekaran

Hindustan Times  

N Chandrasekaran, the chairman of Tata Sons, the parent organisation of which, Tata Group, now owns Air India, has revealed he receives ‘four to five mails' regarding the former flag carrier, each day. Tata Sons chairman N Chandrasekaran “So I get four-five mails on Air India every day, some on WhatsApp, others on email,” Chandrasekaran said, according to Moneycontrol. “If, …

Air India to hire over 1,000 pilots in a bid to expand its fleet
1 year, 7 months ago

Air India to hire over 1,000 pilots in a bid to expand its fleet

Hindustan Times  

Air India will hire more than 1,000 pilots, including captains and trainers, as the Tata Group-owned airline expands its fleet and network. Meanwhile, pilots of Air India have raised concerns about the airline's latest decision to revamp their salary structure and service conditions. On April 17, Air India rolled out a revamped compensation structure for its pilots and cabin crew, …

Air India to hire more than 1,000 pilots
1 year, 7 months ago

Air India to hire more than 1,000 pilots

Deccan Chronicle  

New Delhi: Air India will hire more than 1,000 pilots, including captains and trainers, as the Tata Group-owned airline expands its fleet and network. The carrier, which was taken over by the Tata Group in January last year, is hiring more than 1,000 pilots, according to an "We are offering multiple opportunities and accelerated growth across our A320, B777, B787 …

Air India pilots seek Ratan Tata's intervention in revamped salary structure
1 year, 7 months ago

Air India pilots seek Ratan Tata's intervention in revamped salary structure

Hindustan Times  

Air India pilots, who are up in arms against the airline's management's decision to unilaterally alter their salary structure and services conditions, on Tuesday sought Ratan Tata's intervention in resolving the issue. Air India In a petition, signed by a little over 1,500 Air India pilots, the community alleged that the "pilots' concerns are not being heard or addressed by …

Air India rolls out new pay structure; salaries up in several categories
1 year, 8 months ago

Air India rolls out new pay structure; salaries up in several categories

Live Mint  

New Delhi: Air India unveiled revised salary structures for pilots and cabin crew on Monday, raising remuneration for several staff categories. The airline’s new owner, Tata Group, is currently implementing a transformation plan that will impact at least 2,700 pilots across Air India, Air Asia India, and Air India Express brands, along with 5,600 Air India cabin crew. The airline …

Air India staff may get pay hike with new contracts
1 year, 8 months ago

Air India staff may get pay hike with new contracts

Live Mint  

Air India is working on new job contracts for its middle management that would bump up pay for employees whose salaries remained unchanged after the airline’s privatization, two people aware of the matter said. With the new job contracts taking effect this financial year, many employees in non-operational departments such as human resources and finance will see their salaries increase …

From ChatGPT to algo-based pricing: How Air India is transforming under Tata
1 year, 8 months ago

From ChatGPT to algo-based pricing: How Air India is transforming under Tata

India Today  

Air India, until recently tied to an antiquated manual pricing system when setting airfares, is shifting to algorithm-based software long used by rivals to help it squeeze out more revenue from each flight. In another sign of the formerly government-owned carrier's whirlwind transformation under its new owner Tata Group, Air India is testing ChatGPT, OpenAI's popular chatbot, to replace paper-based …

Air India Group integrates reservation system of Air India Express and AirAsia India
1 year, 8 months ago

Air India Group integrates reservation system of Air India Express and AirAsia India

Hindustan Times  

NEW DELHI: Air India subsidiaries, Air India Express and AirAsia India, on Tuesday moved to a unified websit, reservation system and customer support channels. The system merger comes five months after AirAsia India was fully acquired and subsidiarised under Air India, and three months after both AirAsia India and Air India Express Air India chief executive officer Campbell Wilson said …

Boeing says India may require 31,000 pilots in next 20 years
1 year, 9 months ago

Boeing says India may require 31,000 pilots in next 20 years

Live Mint  

India may require 31,000 pilots and some 26,000 mechanics over the next 20 years amid the growing order book of the aircraft original equipment manufacturers, said US aircraft maker Boeing on the sidelines of a CII event. Boeing India President Salil Gupte also said the South Asian region is expected to remain the fastest-growing market globally over the next several …

Air India's expansion plans fuel tension over airline flying rights
1 year, 9 months ago

Air India's expansion plans fuel tension over airline flying rights

India Today  

Tensions over plans to transform Air India into a global airline with hundreds of new jets rippled across the aviation sector on Tuesday as foreign carriers clamoured for more access to the world's fastest-growing economy. 'BIGGER SHARE' Now, the rebirth of Air India and launch of a new Saudi carrier with dozens of jet orders has shuffled the deck and …

Air India seeks lessor jet delivery financing after record order
1 year, 9 months ago

Air India seeks lessor jet delivery financing after record order

Live Mint  

Air India has kicked off financing for a plane order worth tens of billions of dollars by asking leasing companies to submit proposals for sale-leaseback deals, the airline said on Monday as industry executives play down the impact of recent banking-sector turmoil on aviation. Air India Chief Executive Campbell Wilson confirmed the airline had gone to the leasing market with …

Decoding Air India’s mega aircraft deal with Boeing and Airbus | In Focus podcast
1 year, 9 months ago

Decoding Air India’s mega aircraft deal with Boeing and Airbus | In Focus podcast

The Hindu  

The Tata Group-owned Air India has placed two big orders with Europe’s Airbus consortium and Boeing for 470 planes – the largest ever single order placed by an airline in aviation history. It does raise some questions though: Does India have the aviation infrastructure to support such a vast expansion? What are the challenges for Air India in terms of …

Air India's order for 470 jets at list price of $70 billion
1 year, 9 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 …

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