Tatas work on plans to acquire ‘historic’ order of aircraft for Air India

The Tatas have drawn up ambitious plans to transform Air India — acquired by the $128-billion conglomerate in January — as it looks to add destinations and increase its market share, Campbell Wilson, managing director and CEO of the airline, said.

Air India is in discussions with Boeing, Airbus and engine manufacturers for a “historic’’ order of next-generation aircraft, even as it has finalised leases for 30 additional planes that will be delivered over the next 12 months.

Wilson said the airline has repaired nearly 20 aircraft grounded because of a lack of parts and money and introduced premium economy class in some of the long-haul international flights. He was speaking at an event organised by JRD Tata Memorial Trust on Saturday.