The airline's plans to rapidly expand operations were tripped up by supply chain issues. But those seem to have been largely resolved, and it now expects to start taking delivery of the 150 Boeings it had ordered by 2027.
Air India Director (Commercial) Pankaj Srivastava said that out of the 34 planes, the carrier is looking to lease, 29 would be narrow-body Airbus A320s. The remaining five would be wide-body Boeing aircraft.
Prime Minister Theresa May today said the UK will be leaving the European Union single market within two years, but implementation of any Brexit deal would be 'phased' to avoid a "cliff edge", while revealing that talks on new trade deals with countries like India are in the works.
Piyush Goyal's Power Ministry is one of the standout performers in the Narendra Modi government's tenure so far.
With the Modi government completing two years of ruling, Nilesh Shah, MD of Kotak Mahindra Asset Management believes that the Indian economy has performed much better than other emerging countries like Brazil and Russia.
C Rangarajan, chairman, PMEAC, believes the government will now have to decide how it intends to compensate the subsidy burden it will face after the sugar sector decontrol.