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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

AI’s Maharaja smiles joyfully

All 30 grounded aircrafts now fly Mumbai : Air India’s Maharaja is all pleased as punch at 80. After years of huge costs and efforts, the last of the grounded 30 aircraft – inherited by the Tata Group during the privatization in Jan. 2022 – is now resurrected fully and took to the skies gracefully on Monday.   The aircraft is the gleaming VT-ALL, a Boeing 777-300ER, that was gathering grime since February 2020, and becomes the final among the two-and-half dozen aircraft that have been revved...

AI’s Maharaja smiles joyfully

All 30 grounded aircrafts now fly Mumbai : Air India’s Maharaja is all pleased as punch at 80. After years of huge costs and efforts, the last of the grounded 30 aircraft – inherited by the Tata Group during the privatization in Jan. 2022 – is now resurrected fully and took to the skies gracefully on Monday.   The aircraft is the gleaming VT-ALL, a Boeing 777-300ER, that was gathering grime since February 2020, and becomes the final among the two-and-half dozen aircraft that have been revved up and revived in the past few years, AI official sources said.   It marked a symbolic milestone for Air India itself - founded in 1932 by the legendary Bharat Ratna J. R. R. Tata - which once ruled the roost and was India’s pride in the global skies.   Once renowned for its royal service with the iconic Maharaja welcoming fliers on board, in 1953 it was taken over by the government of India. After years of piling losses, ageing aircraft, decline in operations and standards – almost like a Maharaja turning a pauper - it returned to the Tata Group four years ago.   This time it was not just the aircraft, the brand and the deflated Maharaja coming into the large-hearted Tata Group stables, but a formidable challenge to ensure that the airline could regain its old glory and glitter. Of the total around 190 aircraft in its fleet were 30 – or 15 pc – that had been grounded and neglected for years.   At that time, the late Ratan N. Tata had directed that all these valuable aircraft must be revived as far as possible and join the fleet. Accordingly, the VT-ALL, languishing at Nagpur for nearly five years, was ‘hospitalized’ at the Air India Engineering Service Ltd., its MRO facility in May 2025.   New Avatar Then started a thorough, painstaking nose-to-tail restoration of an unprecedented scale, in which over 3000 critical components were replaced, over 4,000 maintenance tasks executed, besides key structural upgrades like the longeron modification, engines, auxiliary power units, avionics, hydraulics, landing gears and almost every vital system was rebuilt or replaced.   After the repairs, the old aircraft was reborn, under the gaze of the Directorate General of Civil Aviation and technical assistance from Boeing, and the new ‘avatar’ jetliner emerged with the highest global safety standards.   The aircraft cleared all the rigorous checks, a successful test flight, earned the mandatory Airworthiness Review Certificate and then made its maiden commercial flight from Monday, March 16 – after a wait of six years.   Sturdy Fliers Created in 1946 to become an instant global icon, the Air India’s mascot Maharaja now sports a youthful and chic look, a welcome with folded hands, closed eyes, featuring a bejewelled turban, stylish jootis, and a textured kurta in Air India’s new colours. He is prominently visible at various touch-points in a flyer’s journey, such as First Class, exclusive lounges, and luxury products.   Today, he commands a mix fleet of around 190 narrow and wide-body Airbus and Boeing aircraft like : A319, A320, A320neo, A321, A321neo, A350-900 and B787-8, B787-9, B7770200LR, B-777-300ER. With the merger of Vistara and agreements signed for 10 A350 and 90 A320 aircraft, the Maharaja’s fleet is slated to soar to some 570 in the near future.

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3. Make Lumpsum Investments

If you have excess funds that you won’t need for the next three years, consider making lumpsum investments. Idle money tends to lose value due to inflation, so investing it wisely is essential.


4. Health Insurance

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5. Term Life Insurance

Term life insurance is an essential product to provide financial security for your loved ones. If you don’t already have a term plan, make it a priority to get one. If you do have it, assess whether your coverage is sufficient in relation to your income and financial goals, and increase it if needed. Term insurance is a cost-effective way to protect your family in case of an untimely death, ensuring their financial stability.


6. Engage A Financial Advisor

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By implementing these strategies early in the year, you will position yourself for financial success and a secure 2026.


(The author is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

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