2 weeks ago

Air India plans to add 100+ planes, new CEO incoming

Air India plans to add 100+ planes, new CEO incoming
Air India plans to add 100+ planes in two years · thehansindia.com

Air India is an airline in India.

It currently has more than 185 of its own planes, and together with its sister airline Air India Express, the group has almost 300 planes.

The airline is facing tough times because of fuel prices, airspace disruptions and world events.

Its boss, Campbell Wilson, told workers that the airline plans to buy more than 100 new planes in the next two years.

Wilson will soon leave, and a new leader named Tewolde Gebremariam will become the CEO.

Air India also promised workers a pay raise that starts on October 1.

Pilots will get their new pay structure on the same day.

The airline will also fix up 16 Boeing 787-8 planes in 2027.

Air India believes these steps will keep it on a path to making money.

Key facts

Airline
Air India Group (Air India and Air India Express)
Current CEO
Campbell Wilson
Incoming CEO and MD
Tewolde Gebremariam
Fleet expansion plan
100+ new planes in the next two years
Current group fleet
Nearly 300 aircraft
Air India fleet
185+ aircraft, including 35 Boeing 787s, 19 Boeing 777-300 ERs and 6 A350-900s
Pay increment effective date
October 1
Retrofit plan
16 Boeing 787-8 aircraft in 2027

Quotes

Campbell Wilson

CEO of Air India

“the airline continues to make steady progress on its transformation journey despite a challenging operating environment marked by geopolitical uncertainty, airspace disruptions, fuel price volatility and macroeconomic pressures”
thehansindia.com
“the group expects to induct over 100 new planes in the next two years and that 16 Boeing 787-8 aircraft are to be retrofitted in 2027”
thehansindia.com

Sources

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