Tata owned Air India to place 'historic order' for 'latest generation aircraft' soon
Image Credit: FPJ
Tata Group-owned Air India is in talks with Boeing and Airbus about ordering new planes, and the airline is meeting its immediate needs by leasing planes and repairing grounded planes, according to the airline's CEO. According to industry analysts, the auto-to-steel conglomerate, which completed its purchase of Air India in January, faces an uphill battle to upgrade an ageing fleet, turn around the company's finances, and improve service levels.