Air India is to use a combination of cash flows, likely induction of funds from the shareholders, and exploring other options such as sale and lease back to finance its order for 470 aircraft which has a book value of $70 billion. Campbell Wilson, Managing Director...
Air India is aiming to have a 30 percent share of the domestic and international air traffic in the next five years, Campbell Wilson, Chief Executive Officer and Managing Director of the airline said on October 18. Air India wants to capture 30 percent market share....
Air India has signed leases and letters of intent for 25 Airbus narrowbody and five Boeing widebody aircraft to augment its existing fleet in the near term. The airline, which is now owned by Tata Sons, will be inducting new aircraft after only limited fleet renewal...
On May 12, Tata Sons, the owners of Air India announced that Campbell Wilson had been appointed as the Chief Executive Officer and Managing Director of Air India (AI) adding that the airline’s board approved the appointment subject to requisite regulatory approvals....
After the initial debacle with the appointment of Ilker Ayci for the position of the CEO of Air India, Tata Sons has focussed on beefing up the management team and made several appointments. Today, it announced Campbell Wilson as the new Chief Executive Officer (CEO)...
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