Air India reviews A350 engine maintenance costs amid record loss
Written by AI from 8 reports listed below. Not checked by a person before publication. How we use AI
Air India’s new chief executive is examining ways to lower the expense of maintaining its Airbus A350 fleet engines as the airline reports a record annual loss and seeks additional funding.
Cost‑cutting review
CEO Tewolde Gebremariam is reviewing aircraft maintenance expenses as part of a broader effort to improve the airline’s financial performance, according to Air India.
The airline has flagged concerns with suppliers over maintenance costs that were higher than anticipated when the agreements were signed.
Engine programme
Air India operates six Airbus A350‑900 aircraft powered by Rolls‑Royce Trent XWB engines and uses Airbus Flight Hour Services together with Rolls‑Royce’s TotalCare maintenance programme.
In 2023 the carrier placed an order for 80 Trent XWB engines with options for another 20, described as a record order for the engine programme.
Financial picture
The airline reported a record annual loss of more than INR 22,000 crore (about $2.3 billion) in the last fiscal year.
Air India is seeking INR 10,000 crore in funding from its owners, Tata Sons and Singapore Airlines.
Cargo utilisation
Air India uses only about 35 % of its cargo capacity on average.
Analysed 8 reports from 8 publishers
Used in this story
- economictimes.indiatimes.com
- livefromalounge.com
- airlive.net
- travelbizmonitor.com
- indiatimes.com
- siasat.com
- udaipurkiran.com
- bdnews24.com