‘Air India eyes 30% global mkt share in 5 years’

NEW DELHI: Air India chief Campbell Wilson on Tuesday said the airline aims to have 30 per cent share in both domestic and international markets in the next five years.

Currently, the loss-making carrier, which was taken over by Tata group in January, has put in place the revival plan ‘Vihaan.AI’.

Air India aims to have 30 per cent share in domestic and international markets in the next five years, Wilson, who is the MD and CEO, told reporters here.

The airline has a domestic market share of 10 pc and an international market share of 12 per cent. ‘Vihaan.AI’ is a comprehensive transformation plan with a detailed road map for next five years.

The airline is working on “restoring the reputation” and there is evidence that progress is being made, Wilson said. It has also negotiated various contracts. According to Wilson, the airline will triple its fleet in the next five years.

The airline will be inducting 5 wide-body Boeing and 25 Airbus narrow-body planes over the next 15 months. The aircraft being leased are 21 Airbus A320 neos, 4 Airbus A321 neos and 5 Boeing B777-200LRs.