
Air India black box damaged, to be sent to US to decode crash mystery: Report
India is likely to send the black box recovered from the ill-fated Air India flight AI 171, which crashed in Ahmedabad last week, to the United States for data recovery as the recorder sustained heavy external damage due to the fire, a report in Economic Times said.Presently, India is not equipped to extract data from black boxes that have sustained heavy damage. Thus, according to the report, the Flight Data Recorder (FDR) will be sent to the Washington-based laboratory of the National Safety Transport Board (NTSB) for analysis.advertisementThe report will then be shared with the government's Aircraft Accident Investigation Bureau (AAIB), which is probing the horrific crash.
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Time of India
27 minutes ago
- Time of India
Ahmedabad tragedy: 'Aircraft, its engines showed no issues before flight,' says Air India CEO; 'Dreamliner was well-maintained'
NEW DELHI: Air India CEO Campbell Wilson on Thursday said the Boeing 787-8 Dreamliner that crashed on June 12 was 'well maintained,' with its last major inspection conducted in June 2023 and the next one due in December 2025. His comments came as the airline launched enhanced pre-flight safety checks across its Boeing 787 fleet, following the fatal crash of Flight AI171 that killed 241 passengers and crew and 34 people on the ground. 'We are undertaking enhanced pre-flight safety checks on Boeing 787 fleet,' Wilson said in a message to passengers, adding that the temporary 15% reduction in Air India 's widebody operations over the coming weeks is a precautionary measure. Providing further details, Wilson said, 'The plane was well-maintained, with its last major check in June 2023 and the next scheduled for December 2025. Its right engine was overhauled in March 2025, and the left engine was inspected in April 2025. Both the aircraft and engines were regularly monitored, showing no issues before the flight.' The inspections follow a directive from India's aviation regulator, the Directorate General of Civil Aviation (DGCA), issued on June 14. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like What She Did Mid-Air Left Passengers Speechless medalmerit Learn More Undo As of Thursday, 26 out of 33 Boeing 787 aircraft in Air India's fleet have undergone the checks and been cleared for service. The remaining aircraft are undergoing scheduled maintenance and will return to operation only after additional safety reviews. 'Following the review, the DGCA has confirmed that our Boeing 787 fleet and maintenance processes fully meet safety standards,' Wilson said. Expressing sorrow over the tragedy, Wilson added, 'We are reaching out with heavy hearts following the tragic crash of Air India Flight AI171 on June 12, 2025. Words cannot express the pain we feel for the families and loved ones affected by this devastating event.'


Mint
32 minutes ago
- Mint
Arisinfra Solutions IPO subscribed 1.32 times on Day 2; Check latest GMP, subscription status, other details
Mumbai-based construction materials provider Arisinfra Solutions' initial public offering (IPO) received a moderate response on the second day of the public subscription. The public issue was booked 1.32 times as of the second day of the bidding rounds on Thursday, 19 June 2025. Arisinfra Solutions IPO through a book-built issue is offering an entirely fresh issue of 2,25,04,324 or over 2.25 crore equity shares as the company aims to raise nearly ₹ 499.60 crore from the stock markets. Out of the three investor segments, the retail investor portion was subscribed the most. Investors oversubscribed three times with a total of 71,30,140 or 71.30 lakh bids, compared to the 23,79,028 or 23.79 shares on offer. The Non-Institutional Investors (NIIs) came in second with 1.39 times subscription as investors booked a total of 49,46,878 or 49.46 lakh equity shares, compared to the 35,68,542 or 35.68 lakh shares on offer. The Qualified Institutional Buyers (QIBs) segment received the least subscription out of the three segments as of the end of the second day. The QIB portion was booked 73 per cent of the total offer, as investors bid for 52,26,067 or 52.26 lakh shares, compared to the 71,37,086 or 71.37 lakh shares on offer. As of 19 June 2025, the grey market premium (GMP) of Arisinfra Solutions IPO stood at ₹ 22 per share as of the end of the second day of bidding. With the upper price band of the public issue at ₹ 222, the shares are expected to be listed in the Indian stock market at ₹ 244, with a premium of 9.91 per cent, according to data collected from The Grey Market Premium (GMP) is an indicator of investors' willingness to subscribe to a primary issue. On 19 June 2025, it dropped by ₹ 3 to its current level of ₹ 22 per share. Arisinfra Solutions IPO is offering an entirely fresh issue of 2,25,04,324 or over 2.25 crore equity shares as the company aims to raise nearly ₹ 499.60 crore. There is no offer-for-sale (OFS) component for this IPO. The company fixed the price band for the public issue in the range of ₹ 210 to ₹ 222 per equity share with a lot size of 67 shares per lot. The issue opened for bidding on Wednesday, 18 June 2025, and is scheduled to close on Friday, 20 June 2025. The company seeks to use the money raised from the IPO to repay or prepay loans, support its working capital requirements, and invest in a subsidiary. It also disclosed plans for a potential unidentified acquisition, while the remaining funds will be used for general corporate needs. The company raised ₹ 224.8 crore from its anchor investors ahead of the IPO. JM Financial Limited, IIFL Capital Services Limited, and Nuvama Wealth Management Limited are the book-runners for the public issue, while MUFG Intime India Private Limited (Link Intime) is the registrar to the offer. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Mint
an hour ago
- Mint
N Chandrasekaran responds to plagiarism allegations against Air India CEO Campbell Wilson: ‘Look into the spirit'
Air India Chairman N Chandrasekaran has addressed the plagiarism allegations levelled against the airline's CEO and Managing Director, Campbell Wilson, following his condolence message after the tragic Air India Flight AI-171 crash in Ahmedabad. Speaking on the matter at a Times Now event, Tata Group Chairman Chandrasekaran said, 'Our focus is on addressing the needs of all those affected. But if you look into the spirit of what he said, we should take at this moment the matter that he has conveyed.' He added, 'I have heard about this (plagiarism allegations against Campbell Wilson), I have not analysed it word by word, but this is something we will look into.' Air India Campbell Wilson faced widespread criticism on social media after users pointed out striking similarities between his post-crash statement and a speech delivered earlier this year by American Airlines CEO Robert Isom. Both statements contained nearly identical phrases such as 'this is a difficult day for all of us,' 'emergency response efforts,' and 'we are actively working with authorities.' While some social media users accused Campbell Wilson of plagiarism, others argued that the language used was standard industry protocol for crisis communication, suggesting it might be a templated or scripted response rather than deliberate copying. Campbell Wilson's message was released shortly after the Air India Boeing 787-8 crashed near Ahmedabad airport on June 12, 2025, killing 241 people. The tragedy marked one of the deadliest aviation disasters in India's recent history. Despite the backlash, Air India has yet to issue an official response to the plagiarism claims. Industrialists and experts have weighed in, with some calling the comparison 'a good perspective' but refraining from taking a definitive stance. Air India CEO Campbell Wilson expressed profound sorrow following the tragic crash of Flight AI-171 near Ahmedabad on 12 June 2025, which claimed 241 lives. In a heartfelt video message, Wilson said, 'This is a difficult day for all of us at Air India,' emphasising that the airline's immediate focus is on supporting the passengers, crew members, their families, and loved ones. He assured that Air India is providing 'full and unstinting assistance' and cooperating fully with authorities during the ongoing investigation. Wilson personally visited the crash site in Ahmedabad and met with officials overseeing recovery efforts, while the airline deployed a dedicated team of caregivers and established assistance centres in Ahmedabad, Mumbai, Delhi, and London Gatwick to aid affected families. He also highlighted that the aircraft was well-maintained, with its last major check completed in June 2023, and praised the experienced flight crew. The Tata Group, Air India's parent company, announced compensation of ₹ 1 crore for each victim's family and committed to covering medical expenses for the injured, underscoring the airline's commitment to addressing the tragedy's aftermath.