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Overhauling fleet: Air India gets ready to place the largest orders in aviation history

Overhauling fleet: Air India gets ready to place the largest orders in aviation history

by AIP Online Bureau | Jun 20, 2022 | Indian News, Non-Life

The carrier may order Airbus SE’s A320neo family jets or Boeing Co.’s 737 Max models, or a mix of both, the people said, asking not to be identified because the discussions are confidential. A deal for 300 737 Max-10 jets could be worth $40.5 billion at sticker...
Air India flight’s engine shuts down mid-air, makes emergency landing at Mumbai airport

Air India flight’s engine shuts down mid-air, makes emergency landing at Mumbai airport

by AIP Online Bureau | May 20, 2022 | Indian News, Non-Life, Risk Management

The pilots of the A320neo plane received a warning about high exhaust gas temperatures on one of the engines just minutes after the aircraft’s departure from the Chhatrapati Shivaji International Airport at 9.43 AM Air India flight’s engine shuts down...
Tatas slash Air India’s insurance policy by 20%, pay $35 million prm to renew a $ 8 billion cover

Tatas slash Air India’s insurance policy by 20%, pay $35 million prm to renew a $ 8 billion cover

by AIP Online Bureau | Apr 25, 2022 | Indian News, Non-Life

`AI’s reduced cover excluding war cover for Russia and Ukraine region has been successfully placed in the London market  with a manageable premium just before Apr 1, the renewal date for the cover,’’ confirmed London market sources AIG continues to be the...
Air India flight’s engine shuts down mid-air, makes emergency landing at Mumbai airport

Air India cancels Delhi-Moscow flight over insurance issues amid war

by AIP Online Bureau | Apr 7, 2022 | Non-Life, Reinsurance

The Air India’s Delhi-Moscow flight that was scheduled to operate on Thursday stands cancelled, the sources said They stated that the flight was cancelled as it was feared that the insurance may not be valid in Russian skies New Delhi: Air India on Thursday...
Tatas mandate New India, ICICI General and Tata Aig for Air India’s $10 billion renewal cover from Apr 1

Tatas mandate New India, ICICI General and Tata Aig for Air India’s $10 billion renewal cover from Apr 1

by AIP Online Bureau | Mar 28, 2022 | Indian News, Non-Life, Reinsurance

Air India’s insurance renewal may not be a very comfortable affair for the Tatas from the premium point of view as London market sources point out, the aviation insurance market of late has seen significant hardening up impacted by Russian-Ukraine war and crash...
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