Close Menu
Buzz NewsBuzz News
    Facebook X (Twitter) Instagram
    Trending
    • China tightens supply: India’s auto industry seeks govt help on rare earth magnet imports; key EV parts impacted
    • Mohandas Pai flags lack of domestic capital for Indian startups; urges policy overhaul; calls for stronger R&D support
    • Trump-Musk rift rattles Wall Street; Tesla share slide exposes market fragility; major indexes take a hit
    • Real estate market: Major listed firms sell over Rs 1 lakh crore properties; Godrej leads
    • Delhi infrastructure project: Centre approves Rs 24,000-crore plan to decongest Delhi; Tunnel to link Mahipalpur to Vasant Kunj
    • Tata Steel new plant: $1.5-billion electric arc furnace facility to come up at Port Talbot; UK government gives 500 million pounds
    • RBI repo cut effect: HDFC slashes lending rates by 10 bps; new rates already in effect
    • Jamie Dimon-led JPMorgan issues stern warning! Job hopping analysts to be fired; ‘if you accept a position with..’
    • Myntra goes global: Online retailer launches first international platform in Singapore; targets Indian diaspora
    • Market valuation: Mcap of 9 of 10 most valued firms jumps Rs 1 lakh crore; Reliance leads the way
    Buzz NewsBuzz News
    Sunday, June 8
    • Home
    • Cryptocurrency
    • Investment Tips
    • Finance
    • Home Insurance
    • Market News
    • Life Insurance
    Buzz NewsBuzz News
    Home»Investment Tips»‘A transformative time for Air India’: CEO Campbell Wilson on the airline’s 3-year overhaul
    Investment Tips

    ‘A transformative time for Air India’: CEO Campbell Wilson on the airline’s 3-year overhaul

    BuzzNewsBy BuzzNewsJune 2, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    ‘A transformative time for Air India’: CEO Campbell Wilson on the airline’s 3-year overhaul
    Share
    Facebook Twitter LinkedIn Pinterest Email Telegram WhatsApp Copy Link

    'A transformative time for Air India': CEO Campbell Wilson on the airline’s 3-year overhaul
    Image used for representative purposes

    Tata Group-owned Air India has been working on a top-to-bottom transformation for the last three years and has also placed orders for 570 planes, the airline’s CEO and MD Campbell Wilson said on Monday.“It is a transformative time for India and a transformative time for Air India…,” Wilson said, highlighting the airline’s ongoing evolution, reported PTI.Facing persistent financial losses, Air India launched an ambitious restructuring strategy in 2022. Wilson noted that the airline had previously lacked the investment levels typically seen in other carriers, which had hindered its appeal as a Star Alliance partner. “Three years ago, the airline had no active interline arrangements with Star Alliance members,” he said. “Thanks to the commitment we have made to customer experience, fleet, expansion and quality, we have now established interline agreements with all of the Star Alliance carriers,” Wilson added during a discussion at the International Air Transport Association (IATA) annual general meeting held in the national capital.Today, Air India maintains codeshare partnerships with nearly all Star Alliance members. While interline agreements allow airlines to issue and accept tickets for flights operated by partner carriers, codeshare arrangements typically enable an airline to sell tickets for its passengers on partner flights under a single booking.The Air India CEO further claimed that the carrier has been working on a top-to-bottom transformation for the last three years.Wilson had made another statement on Air India’s future operations on Sunday specifically regarding its association with a Turkish firm amid geopolitical tensions. The Airlines announced its plans to reduce its reliance on Turkish Technic for the maintenance of its wide-body aircraft, redirecting operations to alternative Maintenance, Repair and Overhaul (MRO) facilities, according to CEO Campbell Wilson.“It does take a while to adjust when the circumstances change around us but we are obviously sensitive to the national sentiment and perhaps the national wishes. So, regardless of which country we are talking about, we would clearly take cognisance of what people like us to do and expect us to do,” Wilson said in an interview with PTI.Read more: Air India to shift maintenance work from Turkish firm as it ‘looks to adjust plans’ amid geopolitical tensionsAdditionally in another statement a day later, Wilson revealed that that the airline is likely to wind up its association with Turkish Technic “Air India is likely to wind up its association with Turkish Technic, a global aviation maintenance repair and overhaul (MRO) company. The company used to provide maintenance for Boeing 777 aircraft in the airline’s fleet. The airlines said they would find alternatives. The decision has been taken in the national interest, respecting public sentiments,” the Air India CEO told ANI.Currently, Air India operates a fleet of 191 aircraft- including 64 wide-body and 127 narrow-body planes- and serves 112 destinations globally.

    3year Air Airlines Campbell CEO India overhaul time transformative Wilson
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleEconomy in dire straits, India’s Indus Waters Treaty blow: Can Pakistan avoid the ‘begging bowl’?
    Next Article India’s GDP growth likely to slow to 6.2% in FY26: Nomura report
    BuzzNews
    • Website

    Related Posts

    China tightens supply: India’s auto industry seeks govt help on rare earth magnet imports; key EV parts impacted

    June 8, 2025

    Mohandas Pai flags lack of domestic capital for Indian startups; urges policy overhaul; calls for stronger R&D support

    June 8, 2025

    Trump-Musk rift rattles Wall Street; Tesla share slide exposes market fragility; major indexes take a hit

    June 8, 2025

    Leave A Reply Cancel Reply

    Recent Posts

    China tightens supply: India’s auto industry seeks govt help on rare earth magnet imports; key EV parts impacted

    June 8, 2025

    Mohandas Pai flags lack of domestic capital for Indian startups; urges policy overhaul; calls for stronger R&D support

    June 8, 2025

    Trump-Musk rift rattles Wall Street; Tesla share slide exposes market fragility; major indexes take a hit

    June 8, 2025

    Real estate market: Major listed firms sell over Rs 1 lakh crore properties; Godrej leads

    June 8, 2025

    Delhi infrastructure project: Centre approves Rs 24,000-crore plan to decongest Delhi; Tunnel to link Mahipalpur to Vasant Kunj

    June 8, 2025
    Our Picks

    Bitcoin Remains Above $60,000, Bittensor Becomes Top Gainer

    August 23, 2024

    Prospects For Cryptocurrency Development In South Asia

    August 23, 2024

    Trump announces The DeFiant Ones, a new cryptocurrency platform

    August 23, 2024

    Hackers use McDonald’s Instagram account to steal $700,000 in cryptocurrency scam

    August 22, 2024
    About

    Welcome to BuzzNews, your go-to source for the latest in insurance and finance news. Our mission is to provide you with accurate, timely, and insightful information to help you make informed decisions. From life insurance to personal finance, market news to investment tips, we cover a wide range of topics to keep you updated and knowledgeable.

    Popular Posts

    China tightens supply: India’s auto industry seeks govt help on rare earth magnet imports; key EV parts impacted

    June 8, 2025

    Mohandas Pai flags lack of domestic capital for Indian startups; urges policy overhaul; calls for stronger R&D support

    June 8, 2025

    Trump-Musk rift rattles Wall Street; Tesla share slide exposes market fragility; major indexes take a hit

    June 8, 2025
    OUR CATEGOIRES
    • Cryptocurrency
    • Finance
    • Health Insurance
    • Home Insurance
    • Investment Tips
    • Life Insurance
    • Market News
    Copyright © 2024. BuzzNews. All Rights Reserved.
    • Sitemap
    • DMCA
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us

    Type above and press Enter to search. Press Esc to cancel.