Seeking to tap the "huge growth opportunities", Air India will increase the number of premium economy and business class seats in its aircraft, realign flight timings to carry more connecting traffic and rationalise network to deploy optimum capacity.
Tata Group, which has been steering the loss-making Air India since January 2022, has consolidated its airline business and Air India Group's revenues have jumped around 10 times to nearly USD 10 billion now compared to less than USD 1 billion in FY20, according to a senior company official.
Air India Group operates 1,168 daily flights, including 313 services to international destinations. Of those overseas flights, 244 are short haul and 69 are long haul.