Addressing an event organised by JRD Tata Memorial Trust here, Wilson also said opportunities are there for India and Air India to become major players in world aviation within the next decade.
Wilson, who is the managing director and chief executive officer of Air India, said the airline will increase its market share to at least 30 per cent in domestic and international routes.
Air India is implementing a long-term revival plan and over the next five years, it aims to grow its wide-body and narrow-body fleet as well as expand the global network, he added. (Also Read | Thailand, Saudi Arabia agree to cooperate to promote tourism)
“The short-term actions have been to replace carpets, curtains, seat cushions and covers. To fix defective seats and inflight entertainment systems as fast as supply chains will allow. And where parts are no longer available in the market, to work with the likes of Tata Technologies to design and manufacture parts ourselves.
“We’ve recently completely revamped the domestic inflight menu, and will be doing likewise, as well as launching premium economy on certain long haul international flights next month,” he said.
According to Wilson, the airline has restored nearly 20 aircraft that had been grounded for years due to lack of parts and money. Leaving aside cabin interiors, this has required procuring over 30,000 parts that had been cannibalised over the years to keep other aircraft flying, he added.
In addition to restoring long-grounded aircraft, he said the airline has finalised leases for 30 additional aircraft being delivered over the next 12 months, starting next week, with more in the final stages of negotiation.
“Beyond these short-term additions, we are in deep discussion with Boeing, Airbus and engine manufacturers for a historic order of the latest-generation aircraft that will power Air India’s medium and long-term growth. At the risk of gross understatement, the investment will be substantial,” he said.
Noting that Air India’s transformation journey will be in phases, Wilson said over the next six months it will be taxiing, fixing the basics and readying itself for growth.
“For the subsequent year we’ll start the take off run, building for excellence and attracting those who may not have considered Air India before, and by April 2024 or thereabouts, we will leverage the work done in the earlier phases to climb rapidly, so that by 2027 we have scaled the heights of our aspiration,” he added.
Air India has expanded both domestically and internationally, the latter including more flights to Vancouver, Sydney and Melbourne.
“We now operate non-stop to London from seven Indian cities,” he said, and added that from Mumbai, the airline will be adding new non-stop service to San Francisco, New York and Newark starting in a few weeks.
According to him, Air India has received more than 62,000 applications for cabin crew positions.
Emphasising that the airline no longer has financial or any other constraints, he said “turning around Air India and restoring it to glory is a test match, not a T20. It will require patience, fortitude and partnerships. Though there will be the occasional six and four, it’ll mostly be the steady accumulation of singles and doubles.”
The rapid development of new Indian airports and the government’s regional air connectivity scheme UDAN to support developmental domestic routes will only strengthen the network effect that will power further growth, he stated.
This story has been published from a wire agency feed without modifications to the text.