airBaltic and Air India have announced a new cooperative venture by signing a Special Prorate Agreement (SPA). This agreement will strengthen the relationship between the two carriers and improve travel options for passengers connecting between their respective networks.
Air India has announced the signing of interline agreements with several international carriers, including airBaltic(Latvia), Bulgaria Air, Cyprus Airways, and Uzbekistan Airways. These partnerships aim to expand the airline’s global reach and streamline travel for passengers seeking seamless connections across multiple regions.
Embraer has initiated discussions with IndiGo (India) and Air India about the sale of new aircraft, marking a significant push into India’s fast-growing aviation market. As part of its strategy to strengthen its presence in the region, Embraer has also established a fully-owned subsidiary with its corporate office in New Delhi.
Air India is embarking on an extensive fleet retrofit and upgrade program to address supply chain challenges and enhance the lifespan of its aircraft. The carrier has begun retrofitting 13 A321s and is preparing to upgrade its B787-8 aircraft starting in July 2025.
Air India is in discussions with Airbus and Boeing for a significant new aircraft order that could include up to 200 narrowbody planes. This potential deal is part of the airline’s broader strategy to modernize its fleet and enhance capacity on domestic and regional routes.
SIA Group, the parent company of Singapore Airlines, has announced strong financial results for the fiscal year 2024/25. The group achieved a net profit of $2.1 billion, a 3.9% increase year-on-year, largely driven by a one-off, non-cash accounting gain of $846 million arising from the merger of Air India and Vistara. Total revenue climbed 2.8% to $15 billion, while cash and bank balances…
Air India, through its wholly owned subsidiary AI Fleet Services, has completed the acquisition of six Boeing 777-300ER aircraft that were previously operated under lease agreements. The aircraft, with serial numbers 39686, 39687, 39688, 39689, 39690, and 41701, were purchased in advance of their scheduled lease expirations in 2026, signaling a strategic move to consolidate fleet ownership.
Air India has commenced a wide-ranging $400 million fleet interior refurbishment program, aiming to enhance passenger comfort and modernize its in-service aircraft. The project covers a total of 67 aircraft, with the work scheduled over a two-year period as the airline undergoes a brand transformation under Tata Group ownership.
Air India has announced a restructuring of its leadership within subsidiary Air India Express (AIX), as part of ongoing governance realignment across the Tata Group’s aviation ventures. Campbell Wilson, the Group CEO of Air India, will step down as Chairman of AIX, with responsibilities handed over to two senior executives already embedded in the company’s leadership structure.
Air India is evaluating a substantial multi-billion dollar order for new widebody aircraft, reportedly involving between 30 and 40 jets from both the Airbus A350 and Boeing B777X families. Sources indicate that the potential deal could ultimately exceed 50 aircraft.
