logo
Achieved a lot, there's evidence things are on right track: AI CEO

Achieved a lot, there's evidence things are on right track: AI CEO

Time of India01-06-2025

shed its "taxi" image after the acquisition of UK's JLR when it started to churn out world class cars. Vistara's merger into Air India could prove to be a similar moment for Air India as the Maharaja has crossed more than half way of the transition to become a much better airline that was promised when Tatas took over AI and AI Express in Jan 2022.
Tired of too many ads? go ad free now
In a freewheeling interview, AI MD & CEO Campbell Wilson discusses the airline's revamp, the IndiGo wet lease controversy and regulatory challenges. Excerpts:
Why has revamping of old planes, especially wide bodies, taken longer than anticipated?
We are getting the ordered new planes, including Boeing 737 MAX for AI Express and will get a B787 & Airbus A350 for AI this fiscal. So, they are coming. But they are later than we had originally contracted to receive them for reasons Boeing and Airbus can tell you.
Depending on the 6 to 12 months (delay), this is a little bit frustrating for all involved, including the original equipment manufacturer. But it's an industry issue.
The other thing that has caused challenge to the original timelines is the certification, production and installation of business class seats, in particular on the legacy aircraft. So, the refit programmes, which we had hoped to have largely completed by now on the wide body fleet, are still underway.
Why does on time performance (OTP), again particularly for long hauls on wide bodies, remain a challenge?
OTP of international flights on wide body fleets is improving significantly. It's not where we want it to be. There are a few reasons for that. The aircraft were terribly neglected, not well maintained and have old components. They hadn't kept paced with the advances in technology. All of that needed to be replaced and upgraded.
Tired of too many ads? go ad free now
It is taking time, particularly because of supply chain constraints. But technical despatch reliability of aircraft has gone materially up.
Has it reached the global average? In some cases, yes. But in most cases, no, because there is still more work to do. There were several other issues, which are being taken care of, including AI not recruiting people for 20 years before privatisation. The staff not being exposed to contemporary best practices.
People had been promoted because of tenure, not talent. That had needed to be changed. That takes time.
Are you satisfied with pace of change at AI Group?
We've completed the merger of four airlines. We finished the year with an OTP that was higher than Vistara. The financial trajectory, particularly for the full service carrier, is going very well. New Air India is in service to New York and to London with the A350. Passengers are very pleasantly surprised on what we are delivering on that.
. We have a training academy now seeing 2,000 people being trained and upgraded today.
All of the foundation pieces that are necessary to build the future Air India, are either in place or coming up. We've achieved a lot and there's clear evidence that things are on the right track.
Are you having a relook at your tie-up with Turkish Technic, following the country's role during Operation Sindoor?
We are reviewing our agreement with Turkish Technic where we send some of our wide bodies for checks.
It takes some time to adjust when the situation changes. But we are aware of the national sentiment and what people expect us to do. We will look to recalibrate where we send our aircraft. We are looking at options to send our planes for maintenance repair and overhaul.
IndiGo is wet leasing planes to launch long hauls. What do you feel about wet lease policy?
There's a place for wet lease for short-term capacity augmentation. (However) it can be abused in terms of duration. It can be abused in terms of circumventing air traffic rights between countries. Ultimately, it's something that regulator needs to have a view on.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Airbus projects global aircraft fleet to double by 2044, led by India
Airbus projects global aircraft fleet to double by 2044, led by India

Business Standard

time10 minutes ago

  • Business Standard

Airbus projects global aircraft fleet to double by 2044, led by India

The global in-service fleet will swell by 24,480 units to 49,210 aircraft in 2044, Airbus predicted in its latest global market forecast Bloomberg Airbus SE predicted the global commercial aircraft fleet will double in size to almost 50,000 planes over the next 20 years, spurred by rapid growth in markets like India, where a rising middle class increasingly takes to air travel. The global in-service fleet will swell by 24,480 units to 49,210 aircraft in 2044, Airbus predicted in its latest global market forecast that includes both its own planes and those of rivals like Boeing Co. Most of the growth will come from single-aisle aircraft like the Airbus A320 family or Boeing's 737, which form the backbone of many airlines' fleets, Airbus said. India's domestic network will be the fastest growing aviation market over the next two decades, while China will be the biggest by capacity by then, the plane manufacturer said. Globally, Airbus expects passenger traffic to advance 3.6% a year over the long term, with traffic to the Middle East acting as another key growth driver. Commercial aircraft are among the longest-cycle industrial products, giving Airbus and Boeing insight into travel trends stretching out decades. Airbus issued its latest outlook against a backdrop of tense global trade negotiations that threaten to complicate the movement of planes and their parts, potentially denting output and jet deliveries. Still, Airbus said airlines haven't stopped purchasing new models even as the uncertainty created by President Donald Trump's global tariffs prompts consumers to rein in spending and forces some carriers to take a dimmer view on the rest of the year. 'With the possible exception of maybe the more domestic US market, we have not seen an inflection fundamentally in demand from our customers,' Christian Scherer, the chief executive officer of Airbus's commercial aircraft unit, said at a briefing in Toulouse, where Airbus is based. 'We see continued traction and demand for our products.' While supply-chain snarls that built up during the pandemic are gradually easing, Airbus said it continues to see a shortfall in some parts. For example, a lack of engines from CFM International on its workhorse A320neo model as well as toilets on its flagship A350 long-haul jet have hobbled deliveries, Scherer said. India is already the world's third-largest domestic aviation market, and the growth in the number of more affluent people makes the nation of more than 1.4 billion people a crucial driver of future aircraft demand. At the International Air Transport Association annual general meeting in New Delhi this month, airlines — both foreign and domestic — announced a range of initiatives to start or increase services to and from the South Asian nation. The country has become a major buyer of aircraft. Air India Ltd. has placed orders for 570 planes from Airbus and Boeing since 2023. IndiGo, the low-cost specialist, has an order book of more than 900 Airbus planes, including a recently expanded purchase of 60 A350 widebody aircraft.

OpenAI has discussed raising money from Saudi Arabia, Indian investors, The Information reports
OpenAI has discussed raising money from Saudi Arabia, Indian investors, The Information reports

Time of India

time34 minutes ago

  • Time of India

OpenAI has discussed raising money from Saudi Arabia, Indian investors, The Information reports

Synopsis ChatGPT developer OpenAI is seeking funds. It is in discussions with Saudi Arabia's PIF, India's Reliance Industries, and UAE's MGX. The company aims to secure investments to support model development. SoftBank is leading the financing efforts. OpenAI plans to raise funds for its ambitious infrastructure project, Stargate. Earlier, Sam Altman met with India's IT Minister to discuss AI ecosystem.

Airbus can hit delivery goal despite delays, jetmaking CEO says
Airbus can hit delivery goal despite delays, jetmaking CEO says

Hindustan Times

timean hour ago

  • Hindustan Times

Airbus can hit delivery goal despite delays, jetmaking CEO says

Airbus is "cautiously hopeful" that it can meet a 2025 target of 820 deliveries despite bottlenecks that have left nearly 40 completed airframes parked at its factories waiting for engines, the CEO of its core planemaking business said. While overall supply chains have "improved significantly," bottlenecks remain in the supply of CFM engines for single-aisles and cabin interiors for wide-body jets, with lavatories joining the list of delays, Christian Scherer said. "We haven't changed our (delivery) guidance. I caution you not to extrapolate too much from monthly numbers," Scherer told reporters, following a recent spate of monthly declines in deliveries compared to last year. "There is a gradual increase in output of engines that we get from CFM. The reason we have not changed our outlook for the year is because we believe that between now and the end of the year we will get the engines," he said. "So it is a gradual increase - a little behind the curve at the we are cautiously hopeful that it can be done". Co-owned by GE Aerospace and France's Safran , CFM supplies more than half of the engines used on the best-selling Airbus A320neo family, competing with alternative engines from Pratt & Whitney. CFM also exclusively supplies the Boeing 737 MAX with a different engine variant. "We have nearly 40 gliders parked across our system," Scherer said, using the planemaker's nickname for planes that are otherwise complete but unable to be delivered to airlines as they wait for their engines, which are sold separately. CFM could not immediately be reached for comment. Its top executives have said it has seen improvements in its own supply chain and it is poised to recover from a slow start to the year. On underlying jet production, a barometer for supply chains, Scherer said Airbus was on its way towards a goal of assembling 75 A320neo-family jets a month in 2027. Most analysts remain cautious about when the already delayed goal can be reached. "On single-aisle (A320neo-family) we are on track to do that (75 a month) and we are just cruising past 60 (a month). We are trending in the right direction into the 60s," Scherer said. Airbus rarely discusses detailed monthly production goals in public, having dropped an interim target of 65 a month in 2023. Reuters reported in January that Airbus was closing in on production of 60 jets a month, around pre-COVID levels. Scherer was speaking during briefings on Airbus market forecasts and products ahead of the Paris Airshow next week. Airline demand for jets remains "very strong," he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store