Reuters
• Abhijith Ganapavaram, Aditya Kalra
Air India is seeking approximately $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines, according to people familiar with the matter cited by Reuters. The funding would support the airline’s turnaround after a record annual loss, underscoring the financial strain facing its restructuring.
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Air India is seeking approximately $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines, according to people familiar with the matter cited by Reuters. The funding would support the airline’s turnaround after a record annual loss, underscoring the financial strain facing its restructuring.
SkyDrive, Air India and Suzuki Motor Corporation will evaluate potential Indian routes for eVTOL-based medical logistics, initially targeting urgent pharmaceutical shipments, organ transport and other medical deliveries. The assessment marks a potential aviation use case for advanced air mobility beyond passenger air-taxi operations.
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Airbus is seeking details of hydraulic-system maintenance performed on an Air India A320neo after the twinjet briefly lost all three hydraulic circuits in cruise and experienced an altitude excursion. The incident raises questions about maintenance history and the resilience of the A320neo’s hydraulic architecture.
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Air India is on track to add 100 aircraft to its fleet over the next two years, signaling continued fleet expansion as the airline advances its growth and renewal plans.
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Air New Zealand will appoint former Air India CEO and managing director Campbell Wilson and former Contact Energy chair Robert McDonald as directors effective Sept. 24, subject to shareholder approval. The appointments come as the carrier manages aircraft delivery delays and engine-related issues.
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Air India has temporarily de-rostered two more pilots after preliminary psychoactive-substance screenings returned non-negative results following the Phuket–Delhi A320neo emergency; confirmatory tests are pending. Separately, Malaysia Airlines says all active pilots tested negative after a pilot’s arrest in Indonesia and has begun screening 2,840 cabin crew.
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Air India plans to add more than 100 aircraft across its group in 2027 and 2028 as it pursues a fleet overhaul despite ongoing challenges. Meanwhile, Akasa Air has agreed to a sale-and-leaseback for up to seven Boeing 737-8-200s with Avolon to support further growth.
Tata Sons Chairman N. Chandrasekaran’s sudden plan to step down is raising concerns about the Indian conglomerate’s commitment to major national-priority projects, including Air India, semiconductor manufacturing and iPhone production. The leadership transition could introduce uncertainty around the group’s continued investment in these strategic businesses.
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