Air India announced Tuesday that it will purchase 250 Airbus aircraft as part of an agreement to revamp the former national carrier, which has been a massive drain on the public purse for decades.
Airline News
Air India, which is owned by the Tata Group, plans to induct approximately 90 aircraft over the next two years In order to increase its market share and expand its presence.
The Directorate General of Civil Aviation (DGCA) grounded an Air Asia aircraft at Pune after ‘cracks’ were discovered in one of its tyres, according to officials. The decision was made after the flight was inspected on the runway in Pune.
At Los Angeles International Airport in California on Friday night, an American Airlines plane collided with a shuttle bus, Five people who were engaged in the “low-speed” crash were treated by emergency medical personnel.
Air India has signed a massive contract for over 500 new jets worth more than $100 billion at list prices, in what could be the single largest order
IndiGo travelers at Delhi International Airport suffer as the flight is canceled after delayed take-off
Tata Group Chairman N Chandrasekaran announced on Friday that Air India SATS will establish an integrated multimodal freight hub at the future Jewar airport in Uttar Pradesh in collaboration with Zurich Airport.
Air India has finalised an order for about 250 aircraft with Airbus, and the deal is expected to be revealed next week.
The minister of civil aviation, Jyotiraditya Scindia, stated on Thursday 9th February that all essential measures had been taken to address the issue of bird strikes near airports and emphasized the importance of keeping areas clean. Birds have occasionally collided with aircraft during takeoff, landing, and in mid-air.
Air India will borrow Rs 18,000 crore from the State Bank of India (SBI) and Bank of Baroda (BoB) to refinance its existing debt over the short term. The airlines owned by the Tata Group may later seek longer loans. The borrowing will take the form of one-year loans.