Air India is in discussions with aircraft manufacturers for acquiring planes as the Tata group-owned airline plans to expand its fleet by three times compared to the current size, a senior executive said on Friday.
Air India Chief Financial Officer Vinod Hejmadi also said the airline is currently in the “taxiing phase” and it will take two years before it takes off, consolidates and enters the growth mode.
Since taking over Air India in January this year, Tatas have unveiled a comprehensive transformation plan for reviving the loss-making airline. The plan focuses on five factors — industry leadership, robust operations, commercial efficiency, industry best-talent and exceptional customer experience.
