New Air India owner Tata Sons has appointed Mr. Ilker Ayci as CEO and managing director of the airline, effective on or before 1 April 2022. Ayci, born in Istanbul in 1971, was the chairman of Turkish Airlines and was on the board of the company prior to that. “Working closely with my colleagues at Air India and the leadership of the Tata Group, we will utilize the strong heritage of Air India to make it one of the best airlines in the world with a uniquely superior flying experience that … [Read more...] about Air India names incoming CEO and managing director
Air India
Air India reunites with original owner Tata Group
India's national carrier Air India has been officially handed over to salt-to-steel conglomerate Tata Group, successfully closing the purchase of the debt-ridden airline which was first announced in October last year. The Tatas, who founded the airline in 1932 before it was taken over by the government in 1953, paid around $2.4 billion (1.7 billion euros) after the terms of the debt were made less onerous for the buyer. The handing over culminates years-long efforts to sell Air India, … [Read more...] about Air India reunites with original owner Tata Group
WFS opens pharma facility in Copenhagen and wins new Air India contract
Worldwide Flight Services (WFS), the world’s largest air cargo handler, is continuing to enhance its ability to handle pharmaceutical cargoes with the opening of a new temperature-controlled facility in Copenhagen. The investment is in support of WFS’ airline customers’ growing pharma volumes and WFS’ own IATA CEIV Pharma certification programme in Denmark, which it expects to complete in early 2018. The facility has the capacity to store up to 16 cargo units and offers separate … [Read more...] about WFS opens pharma facility in Copenhagen and wins new Air India contract
WFS opens Copenhagen facility and wins new Air India contract
Worldwide Flight Services (WFS) announces the opening of a new temperature-controlled facility in Copenhagen, marking its ability to handle pharmaceutical cargoes. The investment is in support of WFS’ airline customers’ growing pharma volumes and WFS’ own IATA CEIV Pharma certification programme in Denmark, which it expects to complete in early 2018. The facility has the capacity to store up to 16 cargo units and offers separate temperature chambers offering both 2-8°C and 15-25°C … [Read more...] about WFS opens Copenhagen facility and wins new Air India contract
Air India becomes latest A320neo operator
Air India has become the latest A320neo operator after taking delivery of the first of 14 aircraft leased from Kuwait headquartered ALAFCO Aviation Lease And Finance Company, becoming the first CFM powered NEO operator in India. The delivery is also the first NEO for ALAFCO from an order for 85 A320neo Family. The A320neo will join Air India’s existing fleet of 66 A320 Family aircraft. Through a network of over 45 Indian suppliers, more than 6,000 professionals in India … [Read more...] about Air India becomes latest A320neo operator
Carriers set to defend cartel claims in US court
A number of carriers that had not previously settled, are set to defend a multi-billion dollar class action in the US that they colluded to fix prices on international air freight services, after a New York court set a trial date for the claim to 8 January 2016. Air New Zealand, Air China Cargo, Air India and Polar Air Cargo and its parent Atlas Air Worldwide, failed in an application to end the claim on Monday after a hearing in the US District Court for the Eastern District of New York, in … [Read more...] about Carriers set to defend cartel claims in US court