Air India Under Tata In Second Year 500-aircraft Order, Rs. 3k-cr Investment

Air India

Air India Under Tata In Second Year 500-aircraft Order, Rs. 3k-cr Investment

The plans were listed in a communication sent to employees by the airline’s CEO and MD Campbell Wilson, who also described the past year’s achievements as ‘amazing’.

As Air India completes its first year under the Tata group, the airline’s management has listed plans for the second year that include a ‘historic’ order for new aircraft and investments to improve production on its long-haul international flights.

The plans were listed in a communication sent to employees by the airline’s CEO and MD Campbell Wilson, who also described the past year’s achievements as ‘amazing’.

“Taken together, the progress over the past 12 months has been nothing short of spectacular, even as much of the work we are doing behind the scenes is building the platforms and capabilities to power our future ambitions. Of course, there’s a lot that needs to be done, and everyone — internally and externally — we’re hungry to do it,” Wilson said.

He also said that Air India’s response to damages should be different from others. “As we enter the second year of Air India 2.0, we acknowledge that as with any project of this scale, there will be challenges along the way.

More than our successes, it’s how we respond to our mistakes – that’s what will define us,” missive read.

This is notable because a drunken man allegedly urinated on a female passenger on a New York-Delhi flight.

The airline faced significant negative publicity, with the airline’s CEO and its chairman N Chandrasekaran – also the chairman of the Tata Group – coming out publicly over the incident.

As part of Air India’s plan to become the airline of choice in India and internationally, the airline is to invest $400 million (Rs 3,300 crore) to upgrade its onboard production and place a historic order for 500 aircraft.

“Committed $400 million to refurbish the interiors of its entire wide-body fleet, including the latest generation of seats and best-in-class inflight entertainment across all cabin classes … Finalizing historic order of new aircraft to power future growth,” added Infographics said. letter.

During the first year of its takeover, Air India increased its operating aircraft by 27 percent, leading to a 30 percent increase in flight numbers, including a 63 percent increase in weekly international flights.

Are you an Entrepreneur or Startup?
Do you have a Success Story to Share?
SugerMint would like to share your success story.
We cover entrepreneur Stories, Startup News, Women entrepreneur stories, and Startup stories

Read more Business Stories, corporate industry news, and company news at SugerMint. Follow us on Twitter, Instagram, Facebook, LinkedIn