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
Air India
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
Boeing, Air India celebrate 20th 787 Dreamliner
Boeing and Air India celebrated the airline’s milestone delivery of its 20th 787 Dreamliner from Boeing's final assembly facility in North Charleston, South Carolina. “Taking delivery of our 20th 787 Dreamliner marks an important day for Air India," said Rohit Nandan, chairman and managing director, Air India. "With this [aircraft] we are building on the success of our other 787s, which are providing an exceptional experience to our passengers while allowing us to expand our network … [Read more...] about Boeing, Air India celebrate 20th 787 Dreamliner
