Business

Campbell Wilson: Vistara to Remain in Place Until Air India Reaches Desired Level – India News from Times of India

In a recent interview with Times of India, Campbell Wilson, the Managing Director and CEO of Air India, discussed various issues including the merger of Vistara into Air India. Wilson stated that Vistara will continue to operate as an independent entity until Air India reaches the appropriate level of improvement. He emphasized that there is no specific deadline for the merger and that both airlines will continue separately until Air India is ready. Wilson also highlighted the importance of competition clearance and cultural integration between the two airlines.

Wilson also addressed the delays in the delivery of the first order of 470 aircraft due to issues faced by original equipment manufacturers. Despite the delays, Wilson expressed that the progress in reviving Air India is ahead of schedule. He mentioned that the airline will be leasing additional planes to augment its fleet. Wilson acknowledged the recent regulatory concerns over safety issues and stated that Air India is fully committed to improving the overall safety culture.

Regarding the revival program of Air India, Wilson mentioned that the company is slightly ahead of schedule in terms of its plans. He highlighted the efforts made in ordering planes, hiring staff, and implementing systems. Wilson also discussed the progress of the proposed training academy and the plans for MRO facilities.

When asked about profitability, Wilson emphasized that Air India is a private company with its own internal targets, and while the company is comfortable with its current position, he did not provide a specific timeline for profitability.

In conclusion, Wilson expressed optimism about the future of Air India and its ongoing turnaround efforts. He emphasized the importance of stability and health in the Indian aviation market with two well-funded players. Wilson believes that this will attract more participants and contribute to the overall growth of the industry.

My Perspective:

The merger of Vistara into Air India is a significant development in the Indian aviation industry. It demonstrates the efforts being made to improve the overall performance and competitiveness of Air India. The decision to keep the two airlines separate until Air India reaches the desired level of improvement shows a strategic approach to ensure a seamless integration process. By focusing on competition clearance, cultural integration, and safety enhancements, Air India aims to create a stronger and more efficient airline. This merger, along with other initiatives such as the expansion of the fleet and investment in training facilities, will position Air India for long-term growth and success in the industry.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Close
Back to top button