What Happened
Airline Seeks To Regain Market Share With New Fleet
Air India is considering a fresh order for more wide body aircraft to regain market share from foreign competition. The airline’s CEO, Tewolde Gebremariam, outlined plans to boost revenue, reduce costs, and increase efficiency. Air India has about 600 aircraft on order from Airbus and Boeing, with only 80 being wide body. The airline aims to establish global hubs in Delhi, Mumbai, Hyderabad, and Bengaluru. This development was first reported by The Times of India.