Singapore Airport Terminal Services (SATS) and Air India today signed an agreement to form a single 50:50 joint venture (JV) company that will serve as the vehicle to house their three existing ground and cargo handling JVs in Bangalore and Hyderabad. To be named Air India SATS Airport Services Private Limited (AISATS), the JV company is in the process of being incorporated in New Delhi. In September 2008, SATS was chosen by Air India as its JV partner for ground handling in India. Prior to … [Read more...] about SATS and Air India form JV for handling
Air India
Air India cuts freighter pilots
Air India - which is phasing out Boeing B747-400s and Airbus A310 freighters - has terminated the service contracts of 30 of its pilots who fly the freighters with more cuts expected at the loss-making carrier. Air India currently has six B747-400s and two A310 freighters and recently leased out two other A310 freighters to the Delhi-based cargo upstart, Aryan Cargo. … [Read more...] about Air India cuts freighter pilots
Air India to convert Alliance into cargo airline
Alliance Air, a wholly-owned subsidiary of Air India (AI), will be converted into a cargo airline with the assets of Alliance Air to be transferred to the newly formed company, Air Alliance Services, a subsidiary of AI and one of its strategic business units. … [Read more...] about Air India to convert Alliance into cargo airline
Striking Air India pilots end crippling strike
Air India pilots ended their four-day wildcat strike yesterday after the government over-ruled management's plan for massive wage cuts impacting up to 7,000 employees. Loss-making, state-run Air India had canceled a quarter of its international and domestic flights and was working to suspend bookings on more flights as a result of striking pilots unhappy with a recent Air India Board decision to cut employee incentive payments by between 25 and 50 per cent. About 250 pilots refused to work since … [Read more...] about Striking Air India pilots end crippling strike
INDIA: Air India bail out, but with conditions
The Indian government has said it will help bail out the ailing state-owned carrier, Air India, but said it must restructure and cut costs and asked the National Aviation Company of India Ltd (Nacil) to present a restructuring plan for Air India within 30 days. The restructuring would include infusion of equity, a possible voluntary retirement scheme to reduce the current 31,000 head count, independent directors on the board and a rejig of top management to get the ailing state airline out of … [Read more...] about INDIA: Air India bail out, but with conditions
Air India to build Hyderabad MRO facility
In a bid to establish itself as a key player in the Indian MRO market, Air India has acquired five acres of land at the new Shamshabad Airport in Hyderabad where it is about to begin building a new MRO facility. The new facility – expected to be completed within 18 months – will consist of a hangar for carrying out major maintenance of aircraft, and an annexe building to accommodate component overhaul shops and various engineering offices. The hangar will be capable of … [Read more...] about Air India to build Hyderabad MRO facility
