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Air India starts using Iraq airspace for New York, Newark direct flights; likely to see 10% fuel savingsAir India has resumed non-stop flights to New York and Newark using Iraqi airspace, cutting journey times by around four hours to 16 hours ...- Air India CEO targets lower costs, higher passenger yields to steer airline towards profitabilityAir India CEO Tewolde Gebremariam said the airline is working to reduce operating costs and improve passenger yields as it pursues a financ...
- Stocks in news: RIL, Jio, Trent, Suzlon Energy, IndiGo, Vedanta Power and RVNLOn Thursday, Indian equities experienced a recovery, with Nifty closing above the 22,900 mark. Stocks such as Reliance Industries, Jio Plat...
- Air India breaks ground on Delhi MRO hangar to boost in-house maintenanceAir India has initiated the construction of a new Maintenance, Repair, and Overhaul hangar at Delhi's airport. This facility will enable th...
- Air India CEO looks to cut high maintenance bill of A350 fleet engines; sets up committeeTewolde Gebremariam is exploring ways to reduce the cost of Air India's Airbus A350 maintenance. The airline has faced higher expenses than...
- AI startup Sarvam in talks for $300 million top-up; valuation may double to $3 billionThe startup builds Indian-language AI models and applications for government agencies and businesses, including banks and insurers. Its cus...
- GE Aerospace aims to double India sourcing to $400 million in four yearsGE Aerospace intends to increase its supply chain investments in India to $400 million annually by 2030. The company aims to expand its pro...
- Airspace curbs impact on Air India worse than last year: OfficialThe Tata Group-owned airline has been taking longer routes for its European and North American flights since early last year following the ...
- GE Aerospace to boost India supply chain spending to $400 million by 2030; eyes more sourcing of componentsIn a strategic push, GE Aerospace plans to ramp up its supply chain spending in India, setting an ambitious goal of USD 400 million. This i...
- Air India, Air India Express extend Riyadh flight cancellations amid rising Saudi Arabia tensionsAir India and Air India Express have prolonged flight cancellations to and from Riyadh amid ongoing security concerns. The cancellations wi...
- SAF production: Air France-KLM to seek alliances in IndiaAir France-KLM is set to increase its weekly flight frequency in India from 42 to 54. This decision aligns with the growing demand for pass...
- Air India's ₹10,000 crore fundraise plan draws cashflow concernsAir India is currently looking to secure ₹10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide c...
- Tata Sons listing, leadership transition may reshape group's long-term financial strategy: S&PS&P Global said a potential Tata Sons leadership transition or listing would not immediately affect group company ratings, with financial p...
- Air India's new chief sets sights on higher revenue and cost curbs at first town hallAir India's new CEO Tewolde Gebremariam highlights the importance of financial performance and cost management for the airline. He aims to ...
- Air India CEO-designate Gebremariam pitches cost-saving measures, employee rewards & profitability in townhallNewly appointed Air India CEO Tewolde Gebremariam underlined the importance of enhancing financial performance. He announced plans to encou...
- Indian executives are gaining clout in US corporate boardroomsThe landscape of S&P 500 boards has seen a noteworthy shift, with Indian men now occupying a record 16 seats. This development reflects the...
- Drugs, alcohol, bicycle & losses: The strange to-do list awaiting Air India’s new boss Tewolde GebremariamAir India’s incoming CEO Tewolde Gebremariam inherits an airline with global ambitions but an unusually complicated to-do list. Beyond tack...
- Govt to weigh Adani airline plan cautiously over airport-airline conflict concernsThe government is carefully considering the Adani Group's request to start an airline, which could impact competition. There are concerns r...
- Air India's incoming CEO Tewolde Gebremariam weighs folding budget arm AI Express into group to cut costsAir India's incoming CEO is looking at merging Air India Express with the group to reduce operational costs, with the basic aim of streamli...
- Air India Board clears all decks as new chief Tewolde Gebremariam enters the cockpitAir India's board met to discuss operational priorities and remuneration for incoming CEO Tewolde Gebremariam. Outgoing CEO Campbell Wilson...
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