Air India

Impending Strike Threatens In-Flight Meals for Travelers Departing Pearson Airport: Teamsters Union

Retrieved on: 
Tuesday, April 9, 2024

The workers are tasked with cooking, packing and delivering meals, snacks, beverages, and other supplies to planes for in-flight service.

Key Points: 
  • The workers are tasked with cooking, packing and delivering meals, snacks, beverages, and other supplies to planes for in-flight service.
  • A strike at the company could mean no food and beverages on many flights out of Toronto Pearson Airport this month.
  • We're going on strike unless this company steps up to the plate and finally acknowledges how expensive life has gotten,” said lead union negotiator and president of Teamsters Local Union 647, Martin Cerqua.
  • They are affiliated with the International Brotherhood of Teamsters, which represents over 1.2 million workers in North America.

India Aviation Sector Assessment 2024 Featuring Indigo, Jet Airways, GoAir, SpiceJet, and Air India - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024

The "Assessment of India's Aviation Sector 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Assessment of India's Aviation Sector 2024" report has been added to ResearchAndMarkets.com's offering.
  • As we embark on the year 2024, the aviation sector stands at a pivotal juncture, marked by rapid innovation and evolving market dynamics.
  • Throughout 2023, IndiGo transported 56.2% of India's air travellers, whereas Air India accounted for 25.1%.
  • Indian airlines collectively maintained a 44.3% market share for international flights during April-September 2023, a notable increase from 35.4% in 2019.

RTX's Collins Aerospace to provide Air India with avionics hardware

Retrieved on: 
Thursday, February 22, 2024

SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has been selected by Air India for a full suite of avionics hardware catering to the airline's expanding Boeing 737 MAX fleet. The deal was announced at the ongoing Singapore Airshow 2024.

Key Points: 
  • SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has been selected by Air India for a full suite of avionics hardware catering to the airline's expanding Boeing 737 MAX fleet.
  • "This avionics agreement marks a collaborative effort that will be foundational to Air India's 737 MAX fleet for years to come," said Craig Bries, vice president and general manager of Avionics Sales, Marketing and Aftermarket Services at Collins Aerospace.
  • "Air India is pleased to have Collins Aerospace as a partner in our transformation journey.
  • Collins' suite of advanced avionics will work in harmony to improve operations through every phase of flight on Air India's MAX aircraft.

Aircraft Fire Protection Systems Global Market Report - A $2.15 Billion Market by 2027, Registering a Compound Annual Growth Rate of 5.6%

Retrieved on: 
Thursday, January 4, 2024

Major companies operating in the aircraft fire protection systems market are focusing on developing innovative products to sustain their position in the market.

Key Points: 
  • Major companies operating in the aircraft fire protection systems market are focusing on developing innovative products to sustain their position in the market.
  • An increase in the number of new aircraft is expected to drive the growth of the aircraft fire protection systems market.
  • Therefore, the increase in the number of new aircraft is expected to propel the growth of the aircraft fire protection systems market.
  • The aircraft fire protection systems market consists of sales of fire detection systems, portable fire extinguishers, emergency power systems, smoke detection systems, and heat detection systems.

Griffin Global Asset Management Announces the Purchase and Leaseback of Ten Boeing 737-8 Aircraft to Air India Express

Retrieved on: 
Monday, December 18, 2023

DUBLIN, Ireland, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) and Bain Capital through their joint venture today announced they agreed to purchase and leaseback of ten Boeing 737-8 aircraft to Air India Express, a subsidiary airline of Air India.

Key Points: 
  • DUBLIN, Ireland, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) and Bain Capital through their joint venture today announced they agreed to purchase and leaseback of ten Boeing 737-8 aircraft to Air India Express, a subsidiary airline of Air India.
  • “After many months of close collaboration, we are excited to partner with Air India and Air India Express to support their fleet expansion with these latest technology aircraft.
  • “Together with Griffin, we aim to provide high-quality, next-generation aircraft to help Air India and Tata Group meet and exceed this demand.
  • Nipun Aggarwal, Chief Commercial & Transformation Officer of Air India, and Director of Air India Express, said: “Modernizing our fleet stands as a pivotal element within the Air India group's ongoing, comprehensive transformation.

Artemis Aerospace investigates the growth of the aviation industry in India

Retrieved on: 
Monday, November 13, 2023

WISTON, England, Nov. 13, 2023 /PRNewswire/ -- The announcement earlier this year that the Air India Group has ordered 470 aircraft set the aviation industry alight with interest and excitement. Speaking recently at an event to unveil Air India's new brand identity, CEO Campbell Wilson stated that the Group's ambitious expansion plans would mean taking delivery of a new aircraft every six days on average until the end of 2024. This staggering total comprises 250 from Airbus and 220 from Boeing, with a further option to buy another 370 planes. It's the largest aircraft order in aviation history and is worth $70 billion.

Key Points: 
  • Artemis Aerospace investigates India's rise to the skies.
  • WISTON, England, Nov. 13, 2023 /PRNewswire/ -- The announcement earlier this year that the Air India Group has ordered 470 aircraft set the aviation industry alight with interest and excitement.
  • As these figures demonstrate, the aviation industry in India is undergoing a transformation which is nothing short of dramatic; it now has the third-largest domestic market globally, second only to America and China.
  • As a company supplying effective component supply solutions to the global aviation business, the team at Artemis has its fingers firmly on the industry pulse.

Artemis Aerospace investigates the growth of the aviation industry in India

Retrieved on: 
Monday, November 13, 2023

WISTON, England, Nov. 13, 2023 /PRNewswire/ -- The announcement earlier this year that the Air India Group has ordered 470 aircraft set the aviation industry alight with interest and excitement. Speaking recently at an event to unveil Air India's new brand identity, CEO Campbell Wilson stated that the Group's ambitious expansion plans would mean taking delivery of a new aircraft every six days on average until the end of 2024. This staggering total comprises 250 from Airbus and 220 from Boeing, with a further option to buy another 370 planes. It's the largest aircraft order in aviation history and is worth $70 billion.

Key Points: 
  • Artemis Aerospace investigates India's rise to the skies.
  • WISTON, England, Nov. 13, 2023 /PRNewswire/ -- The announcement earlier this year that the Air India Group has ordered 470 aircraft set the aviation industry alight with interest and excitement.
  • As these figures demonstrate, the aviation industry in India is undergoing a transformation which is nothing short of dramatic; it now has the third-largest domestic market globally, second only to America and China.
  • As a company supplying effective component supply solutions to the global aviation business, the team at Artemis has its fingers firmly on the industry pulse.

Dubai Airshow 2023: Boeing to showcase innovations in sustainable aviation and its leading commercial, defense and services portfolio

Retrieved on: 
Monday, November 6, 2023

DUBAI, Nov. 6, 2023 /PRNewswire/ -- Boeing [NYSE: BA] will show its market-leading commercial, defense and services portfolio at the 2023 Dubai Airshow, with its new widebody 777-9 jet appearing in the flying display.

Key Points: 
  • DUBAI, Nov. 6, 2023 /PRNewswire/ -- Boeing [NYSE: BA] will show its market-leading commercial, defense and services portfolio at the 2023 Dubai Airshow, with its new widebody 777-9 jet appearing in the flying display.
  • "We will also focus on our investments in technology and other actions to reduce industry emissions ahead of the U.N.
  • As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries.
  • Since then, Boeing has established a number of offices across the region including in Riyadh, Dubai, Abu Dhabi, Doha and Kuwait.

CDB Aviation Delivers First of Six A320neos to Air India

Retrieved on: 
Wednesday, November 1, 2023

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of the first of a fleet of six Airbus A320neo aircraft to India’s leading global airline, Air India.

Key Points: 
  • CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of the first of a fleet of six Airbus A320neo aircraft to India’s leading global airline, Air India.
  • In 2022, CDB Aviation became one of the first aircraft leasing companies to secure the placement of Air India’s additional A320neo aircraft, which will support the carrier’s multi-stage transformation initiative that is being rolled out post its acquisition by the Tata group.
  • By incorporating the A320neo aircraft into the fleet, Air India aims to significantly reduce its carbon footprint, contributing to a greener and more sustainable future for India’s aviation sector.
  • “Our commercial team is delighted to have worked closely with Air India to address their fleet requirements with these new Airbus narrowbody aircraft from our order book.

ZingHR reinforces its position in Aviation Industry, Fuelling HR Innovation and Strategic Growth with Key Partnerships

Retrieved on: 
Thursday, September 28, 2023

BANGALORE, India, Sept. 28, 2023 /PRNewswire/ -- Maldives Airport Company Ltd. (MACL), which operates the primary international airport in the Maldives, Velana International Airport, and two domestic airports, has chosen ZingHR's comprehensive Cloud HCM solution to modernize and integrate their HR functions. This strategic move comes as MACL aims to consolidate the HR operations of its 4000+ employees spread across three airports.

Key Points: 
  • ZingHR, a leading global HR tech venture, will provide its all-in-one Cloud HCM solution to streamline and digitize HR Processes for Maldives Airport Company Ltd. (MACL).
  • This strategic move comes as MACL aims to consolidate the HR operations of its 4000+ employees spread across three airports.
  • Their commitment to innovation is revolutionizing the HR landscape in the aviation sector, driving companies towards strategic growth.
  • Guraisha Ismail, Deputy CHRO at Maldives Airport Company Ltd., expressed her satisfaction with the ZingHR platform, stating, "We found the ZingHR platform very user-friendly.