Air India chief Campbell Wilson on Friday said that a majority of pilots have accepted the new compensation package offered last week, amid protests by Air India pilots' unions against the revised salary structure and service conditions. The loss-making airline, which was taken over from the government by the Tata Group in January 2022, has announced a new compensation package for pilots and cabin crew. In his weekly message to Air India staff on Friday, Campbell said the airline is making investments in workplace technology and training as well as in new and improved employee benefits.
'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'
Tata Group-owned Air India is considering buying more than 200 new planes with 70 per cent of them being narrow-bodied aircraft, aviation industry sources said on Sunday. While Air India has zeroed in on Airbus's A350 wide-bodied aircraft for the procurement, the talks with Airbus and Boeing for narrow-bodied aircraft is still on, they said. A wide-bodied plane like Airbus A350 has a bigger fuel tank that allows it to travel longer distances such as the India-US routes.
Tata Group-owned Air India on Wednesday announced the launch of new flights connecting Mumbai with New York, Paris and Frankfurt, starting February next year. Besides, the full-service carrier also announced the resumption of non-stop flights connecting Delhi with Copenhagen, Milan and Vienna. The Mumbai-New York (JFK International Airport) daily service will commence from February 14 next year, Air India said.
The Tata Group-owned Air India has decided to procure its maiden batch of wide-bodied A350 aircraft of Airbus and the first plane is likely to be delivered to the airline by March 2023, sources have said.
While the government is working on final contours for a strategic divestment of its stake in loss-making Air India, the airline is ready with plans to fly to more overseas destinations.
This is the third instance in the last three days when the aviation regulator grounded a plane after an incident.
The flight, AI1943, took off from the Mumbai airport around 3.40 am and is expected to land at the Bucharest airport around 10 am (Indian Standard Time), senior government officials said.
Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.
Air India plans to buy 27 B-787 'Dreamliners' from Boeing which are to be delivered in phases.
Totally, Air India has 27 Boeing 787s on order and will be taking deliveries of 20 of them by end of March 2015.
As Boeing rolled out its new B-787 'Dreamliner', Air India has said it had chosen the aircraft as its workhorse keeping in mind concerns of economics and environment while the US aircraft major promised to buy goods and services from Indian cos.
According to Air India, the number of flights per week would be increased on routes such as Delhi-Bengaluru-Delhi, Delhi-Amritsar-Delhi, Chennai-Ahmedabad-Chennai and Chennai-Kolkata-Chennai.
Two issues dog the sale of the national carrier. One is the $2 billion bank guarantee the winning bidder will need to furnish. The other is the nearly 5000 lawsuits filed against Air India, many of them overseas. Anjuli Bhargava reports.
After rectifying battery glitches, Air India has inducted 6 aircraft so far
With better utilisation of slots, foreign flying rights, and greater international connections, the operator of India's largest airport feels a privatised Air India will bring commercial benefit to Delhi airport and help it revive quicker from the pandemic shock. Delhi is the largest hub for Air India, with most of its long-haul flights to the US and Europe being operated from here. The airport plans to give its most modern terminal 3 (T3) exclusively to the Tata Group.
Air India shelves plan to acquire Boeing 787-9 aircraft.
Air India has put all its newly-acquired Boeing 787-8 Dreamliner planes for sale and leaseback and invited bids from prospective lessors by February first week, even as all of these aircraft remained grounded across the world.
The announcement by Air India CMD Rohit Nandan came on a day when two of the airline's six Dreamliners resumed commercial operations and operated regular flights from Delhi to Bengaluru and Kolkata.
Grounding increases govt carrier's fuel cost by Rs 40 lakh daily, forces changes in schedules.
State-owned Air India plans to raise up to $1.1 billion including $300 million for its subsidiary Air India Charters Ltd to fund aircraft acquisition and meet its working capital requirements.
Dreamliner is a 256 seater plane with 18 business class seats and 238 economy class seats.
The embassy observations are part of a confidential official cable released by whistleblower website WikiLeaks on August 30.
US aircraft manufacturer Boeing has asked Air India to avoid flying its Dreamliner planes near thunderstorms as it enhanced the risk of icing on engines and the airline has changed its operating procedures accordingly.
Nacil was formed after the merger of erstwhile Indian Airlines and Air India in 2007. In 2004, they ordered for 111 aircraft -- 68 from Boeing and 43 from Airbus. The Boeing order included 27 B787-800 Dreamliners.
While Bhasin will be getting provident fund money and gratuity, he would not be getting leave encashment for 420 days, medical reimbursement for himself and wife, free passes for himself and wife, and holiday home facilities.
Air India's entire European operations are carried out with Boeing Dreamliner planes.
Air India has deployed a B787 Dreamliner aircraft for the Delhi-Moscow-Delhi sector and offered attractive promotional fares.
The Directorate General of Civil Aviation (DGCA) is probing the incident of an Air India flight, AI 123, from New Delhi to Rome losing radio contact over Italy on October 16.
$3.6 billion worth of aircraft - by today's prices - are lying idle or are in hangers due to poor maintenance and management
It is imperative that the government first decides who should assume ownership of running Air India.
Market estimates suggest the airline has already totted up Rs 1,800 crore of losses in FY20, and FY21 is expected to see losses in the region of Rs 2,500 crore to Rs 3,000 crore Many in the sector say that Vistara lacks the light-footedness of the airlines with which it competes, reports Anjuli Bhargava.
A Boeing team of experts would be flying to India to assess the situation arising out of a series of faults in Air India's Dreamliner aircraft, even as the airline insisted that the aircraft is safe.
The airline is also shutting down its Lagos route with effect from October 10.
The earlier aircraft did not have a first class
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
An additional lease rental of Rs 200 crore on nine Boeing 787 Dreamliners was the reason for ending in the red this quarter, Arindam Majumder reports from New Delhi.
Air India pilots and crew often play musical chairs, leading to a substantial revenue loss for the airline in an inefficiently managed set-up
Air India is keen to raise working capital by selling aircraft.
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