Air India Behind Mystery Airbus Order

14 Oct 2024 CW Team

Air India has been identified as the airline behind the mystery order for 85 Airbus jets, a significant development in the aviation industry. This massive acquisition is part of the Tata Group-owned carrier’s ambitious plans to revamp and expand its fleet, aiming to strengthen its position in the competitive global aviation market. The order includes a mix of wide-body and narrow-body aircraft, which will help the airline cater to both domestic and international markets more efficiently.

The move comes as Air India is undergoing a major transformation following its acquisition by the Tata Group. The airline is looking to modernize its aging fleet, improve service quality, and compete with other major global carriers. The new aircraft are expected to bring enhanced fuel efficiency, reduced operating costs, and improved passenger comfort, aligning with Air India's vision of becoming a leading airline on the global stage.

This 85-jet order adds to the already record-breaking aircraft acquisitions Air India has made in recent months, including deals with Boeing and Airbus. The order reflects the carrier's determination to regain its lost market share and expand its international routes, making it one of the fastest-growing airlines in the industry. The deal also signifies Airbus' growing partnership with Indian carriers, capitalizing on the booming aviation market in the country.

As Air India continues to expand its fleet and route network, the airline is poised to play a central role in the future of aviation in India and globally. With increased capacity and modernized aircraft, Air India aims to provide a better flying experience and become a key player in the international aviation landscape. The large-scale acquisition underscores the airline's long-term growth strategy and commitment to revitalizing its brand.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..