Tata Group's Air India gamble crashes harder than their stock price
Key Points
- Air India Express is facing significant safety violations, i...
Air India Express just proved that some things don't improve with new management - they just get more expensive mistakes. The Tata Group's aviation subsidiary has been caught red-handed with safety violations that would make a rookie day trader's risk management look conservative.
The Directorate General of Civil Aviation dropped a report showing Air India Express failed to replace critical engine components on their Airbus A320 fleet within required deadlines. But wait, there's more - they also got creative with maintenance records, and by creative, we mean they allegedly forged them. It's l...
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