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Risk monitoring helps Air India prevent revenue loss of over Rs 3 cr

Risk monitoring helps Air India prevent revenue loss of over Rs 3 cr

by AIP Online Bureau | Oct 15, 2023 | Data, Risk Management, Technology

Airlines are a high-profile target for fraudsters, whether it be attempts to use stolen credit cards on our websites, to fraudulently claim frequent flier miles, or other scams, Wilson said Mumbai: Full-service carrier Air India has prevented revenue loss of over Rs 3...
Air India seeks special permission from re/insurers to operate evacuation flights from Tel Aviv

Air India seeks special permission from re/insurers to operate evacuation flights from Tel Aviv

by AIP Online Bureau | Oct 14, 2023 | Indian News, Non-Life, Reinsurance

“The airlines had taken permission from its re/insurers to operate these two flights to Tel Aviv. The flights had normal  insurance covers available to airlines on international flights ’’ said industry sources A clutch of insurers including New India...
India antitrust body examining Air India, Vistara merger -source

India antitrust body examining Air India, Vistara merger -source

by AIP Online Bureau | Jun 28, 2023 | Indian News, Regulation, Risk Management

The Competition Commission of India (CCI) has sent a so-called “show cause” notice to Air India to explain its position, expressing concern that on some routes and categories – such as business class travel – the merged entity could have a...
Analysis- Record plane orders raise the stakes in India’s aviation boom

Analysis- Record plane orders raise the stakes in India’s aviation boom

by AIP Online Bureau | Jun 21, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

With a total of almost 1,000 jet orders between them, IndiGo and Air India are betting an economic boom and growing middle class will spur demand for domestic air travel, and new jets will help them grab a bigger share of international traffic The number of domestic...
Risk monitoring helps Air India prevent revenue loss of over Rs 3 cr

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...
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