Vistara to induct Boeing 737 aircraft owned by Jet Airways, likely to absorb a few pilots of embattled airline
Vistara currently has Airbus A320 in its narrow body fleet and for wide body, it has placed firm order for six Boeing 787 Dreamliner 787-9 and has four of them on option, the report said.
Air India revives plans to raise Rs 500 cr via short-term loans; to mop up Rs 6,100 cr from aircraft sale and lease back
In September, Air India had invited bids for raising Rs 500 crore through STL to meet its working capital requirements with 10 September as the deadline for submission of bids.
Air India grounds 19 A320 family planes for lack of spares; flight cancellations, loss of revenue follow: ICPA
While as many as eight Airbus A321 aircraft, of the total of 20 such planes operated by Air India, are out of operations at various stations for lack of spares, four A319s are also on the ground for one reason or the other, it said
In addition to Jaipur, Scoot is already operating flights to Chennai and Amritsar, which it started in May this year
The recurrent problems with the Dreamliners is understood to have figured in the one-on-on meeting Prime Minister Narendra Modi had with Boeing CEO W James McNerney on 29 September in Washington.
Air India Ltd is seeking a bridge loan of up to $230 million for taking delivery of two Boeing 787 Dreamliner aircraft from an ongoing order, according to a tender document on the carrier's website.
With the leaseback of the first lot of seven Dreamliners finalised, Air India has now issued tenders for seven more for which it wants to conclude the process by March, taking the total to 14, the sources said.
The Boeing 787 Dreamliner, the latest acquisition of Air India, is likely to shore up the fortune of India's national carrier as passengers are giving big thumbs up after travelling in the next generation flying machine.
Despite a battery fire in one Boeing 787 Dreamliner and smoke in another, the type of batteries used to power the plane's electrical systems aren't necessarily unsafe.
In effect this means that the newest aircraft in the airline fleet will remain grounded for a month.
The US Federal Aviation Administration said on Wednesday it would temporarily ground Boeing Co's 787s after a second incident involving battery failures caused one of the Dreamliner passenger jets to make an emergency landing in Japan.
"We plan to operate the first international flight to Frankfurt, from 15 October. This will be followed by other operations to Europe and Japan," a senior Air India official said.
With the first Boeing 787 Dreamliner for Air India landing here tomorrow, the airline plans to fly it on select domestic and international routes for the next two months before it flies long-haul.
According to Air India's Chairman and Managing Director Rohit Nandan the new aircraft will allow the airline to operate on new routes and enable it to save fuel cost.
The airline may be forced to not only cut some of its loss making routes but also hire new pilots for its international operations under a new business plan.
The Delhi High Court reserved its verdict till Thursday on a plea by IPG, challenging the single-judge order that restrained the pilots of the national carrier from going on an "illegal strike".
The threat to quit could hit Air India's international operations and comes on the back of cancellation of the 10 flights of its low budget arm Air India Express in the last seven days.