Air India Unable To Buy Spare Parts Due To Debt – Report

Air India (AI, Mumbai Int’l) is struggling financially and has problems sourcing spare parts from the market amid a INR2-INR2.5 billion rupees (USD30-USD37.6 million) cash shortage recorded every month, the Times of India has reported.

The Ministry of Civil Aviation has confirmed that the carrier is lacking money to buy required spare parts. The airline, which is due to be privatised later this year under the Indian government’s privatisation plan, is now channelling all available funds towards maintenance and repair of its fleet, but despite this has been forced to ground a number of planes.

Already in the past, Air India had been struggling to buy spare parts in time. In 2015, it has grounded one B787-8 for several months and used it for spares to keep the remaining units of the type operational. Read More…

You may also read!

Orders coming in for ‘Khukri’ knives from US: Dehradun-based store

A shop in Uttrakhand's Dehradun, which claims to have been supplying the indigenously made curved 'khukri' knife to the


Post-Balakot, Pakistan scrambled jets from 8 bases. Was 10 minutes late: IAF report

“The strategic-surprise” of the Balakot airstrikes by the Indian Air Force in the Khyber Phaktunwa region of Pakistan on


India to stay away from Belt Forum as China tries to build influence

China is using the three-day Belt and Road Forum, which opens on Thursday, to exert its political muscle and


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu