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Air India escapes premium hike in hard Apr 1 renewal, Tata AIG Gen replaces New India as lead insurer for the cover

Air India escapes premium hike in hard Apr 1 renewal, Tata AIG Gen replaces New India as lead insurer for the cover

by AIP Online Bureau | Apr 2, 2023 | Indian News, Non-Life, Reinsurance

With a good track record, AI has managed to hold on to the last year premium of $30 million After a year of ownership of Air India, Tatas have preferred to make their own subsidiary Tata AIG General insurance as the lead insurer for the airlines by giving larger...

Air India, Nepal Airlines aircraft almost collided over Kathmandu airport

by AIP Online Bureau | Mar 26, 2023 | International News, Risk Management

The Civil Aviation Authority of Nepal (CAAN) has suspended two employees of the air traffic controller department for “carelessness”, according to CAAN spokesperson Jagannath Niroula. Kathmandu: A major tragedy was averted on Friday when an Air India and a...
Indian aviation market & tailwinds of growth

Indian aviation market & tailwinds of growth

by AIP Online Bureau | Feb 19, 2023 | Articles, Non-Life

“With the economy growing and disposable income growing, there is a huge opportunity for Indians to travel abroad… This 75 million passengers is likely to go to 120-125 million over the next 7-10 years,” Union minister Jyotiraditya Scindia said. A raft of...
Paris-New Delhi flight incidents: DGCA slaps Rs 10 lakh fine on Air India

Paris-New Delhi flight incidents: DGCA slaps Rs 10 lakh fine on Air India

by AIP Online Bureau | Jan 24, 2023 | Indian News

‘Enforcement action in the form of a financial penalty of Rs 10,00,000 has been imposed on Air India for not reporting the incident to DGCA and delaying in referring the matter to its Internal Committee, which is a violation of applicable DGCA Civil Aviation...
Air India escapes premium hike in hard Apr 1 renewal, Tata AIG Gen replaces New India as lead insurer for the cover

US orders Air India to pay $121.5 million as passenger refunds and $1.4 million as fines

by AIP Online Bureau | Nov 15, 2022 | International News, Non-Life

Air India is among the six airlines that have agreed to cough up a total of over USD 600 million as refunds, the US Department of Transportation said on Monday Air India’s policy of “refund on request” is contrary to the Department of Transportation policy, which...
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