Air India, now under Tata Group, faces fleet upgrades and supply chain challenges in its 5-year turnaround plan.

Air India, now under Tata Group, is facing significant hurdles in its five-year turnaround plan due to an outdated fleet and supply chain issues. CEO Campbell Wilson notes the airline's struggles compared to competitors like Emirates. To modernize, Air India has launched a $400 million initiative and ordered 470 new aircraft, aiming to retrofit 67 planes by mid-2025. Despite setbacks, the airline increased capacity and reduced net losses significantly in the past year.

September 27, 2024
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