Air India has prepared a revival plan to make 19 of its grounded planes airborne by October, according to a top airline official. Many of these planes, of a total fleet size of 127, have been grounded for more than a year awaiting replacement of engines and their spare parts. However, faced with a cash crunch, the airline has been unable to procure these. It is estimated that the airline will need nearly ₹1,000 crore to ensure these aircraft start flying again.
“Two Boeing 777s will be revived by May-end, four 787s by August and the remaining 13 A320s by October,” a senior official said on the condition of anonymity, adding that this plan had been shared with the Ministry of Civil Aviation too.
Another official said the airline would try to resolve most engine issues by “paying for repairs and spare parts” instead of buying new engines. Read More