According to a report, Tata-owned Air India intends to borrow Rs 18,000 crore from State Bank of India (SBI) and Bank of Baroda (BoB) to short-term refinance its existing debt. According to the ET report, this debt will be a continuation of the facility that was utilized last year following the Tatas’ acquisition of the […]
Continue Reading
Tata Sons will share the ground handling services it plans to provide to other airlines. Air India Air Transport Services (AIASL), the ground-handling division of the former state-run airline, may also be sold as part of these plans. According to a report from the Monetary Times, the public authority sold its specialty units to a […]
Continue Reading
As the Tata Group-owned airline works to upgrade its systems, Air India wants to strengthen its collaborations with domestic and international airports. Under Vihaan, the airline has established a plan. over the course of five years, AI for transformation. Chief Customer Experience Officer & Global Operations – Airport Operations Rajesh Dogra stated that Air India […]
Continue Reading
Air India, which is owned by the Tata Group, has announced that it will place an order for 250 Airbus aircraft to expand its domestic and international operations. The commitment includes 140 A320neo single-aisle aircraft, 70 A321neo single-aisle aircraft, 34 A350-1000 wide-body jets, and six A350-900 wide-body jets. These aircraft will usher in a new […]
Continue Reading
Joe Biden, president of the United States said that, the historic Air India-Boeing agreement will further strengthen bilateral ties and lead to the creation of up to 1 million jobs in 44 US states. On Tuesday, February 14, 2023, a significant agreement was made between Boeing and Air India. As part of the agreement, the […]
Continue Reading
According to officials, the US has ordered Tata Group-owned Air India to pay USD 121.5 million in refunds and an additional USD 1.4 million in penalties for egregious delays in giving refunds to customers who had flights cancelled or changed, largely during the epidemic. Air India is one of the six airlines that have agreed […]
Continue Reading