Air India-Airbus may set up South Asia’s largest pilot training facility
New Delhi: Tata-owned Air India is in the final stages of forming a joint venture (JV) with European aerospace major Airbus to form a facility for pilot training services that will be the largest in the South Asian region.
People aware of the development said the total investment into the facility will be around ₹3,500 crore with both Air India and Airbus holding 50% stakes in the company.
