| | DECEMBER 20238Air India Express, a subsidiary of Air India, has unveiled Vista VIP fares featuring expansive seats with additional legroom, exclusively available on routes serviced by their newest Boeing 737-8 planes. Passengers opting for Vista VIP fares will relish the benefits of roomier seating, heightened baggage allowances of 40 Kg for international flights and 25 Kg for domestic flights, gourmet hot meals from Gourmair, and the added convenience of Xpress Ahead priority services, as stated by the airline.Vista VIP fares can now be reserved through Air India Express's app, website, and various prominent booking platforms. Additionally, passengers holding other fare types have the option to upgrade to Vista VIP seats via the airline's call center, at the airport, or while onboard by paying an upgrade fee.In September, Air India Express received its initial two new Boeing 737 MAX-8 aircraft from the Boeing facility in Washington, USA. These deliveries are part of the Air India Group's larger order of 470 aircraft placed with Boeing and Airbus earlier this year. These arrivals precede the merger of another subsidiary, AIX Connect (formerly known as AirAsia India), with Air India Express. Air India Express, a division of Air India and part of the Tata group, operates a network of more than 300 daily flights, linking 30 domestic and 14 international airports. The airline manages a fleet of 57 aircraft, consisting of 29 Boeing 737s and 28 Airbus A320s. Himadri Speciality Chemical Ltd has announced plans to invest Rs 4,800 crore within the next 5-6 years to establish a manufacturing unit for Lithium-ion Battery components. The company disclosed in a regulatory filing that its board, during a meeting held on Tuesday, has sanctioned the creation of this manufacturing facility for the production of Lithium-ion Battery (LiB) components. This facility is anticipated to have an overall annual production capacity of 200,000 tonnes. The investment will be carried out in phases, either directly or through its subsidiaries, to meet the estimated project cost over the specified timeframe of 5 to 6 years.The company plans to primarily fund the investment through internal profits, supplemented by debt financing as required. It aims to create value for stakeholders by entering a burgeoning industry poised for robust growth. The establishment of this factory is expected to facilitate the production of essential Lithium-ion Battery (LIB) raw materials, catering to the global and domestic electric vehicle (EV) and energy storage system (ESS) markets. This move aligns with the company's goal of contributing to sustainability, diminishing reliance on fossil fuels, and conserving natural resources.Himadri Speciality Chemical, headquartered in Kolkata, specializes in the production of various products such as coal tar pitch, carbon black, battery materials, specialty oil, and refined naphthalene, among others. These products have broad applications across multiple industries. The company's objective is to support sustainability efforts by reducing reliance on fossil fuels and preserving natural resources. AIR INDIA EXPRESS LAUNCHES VISTA VIP FARES FOR ENHANCED COMFORTHIMADRI SPECIALITY TO INVEST RS 4,800 CRORE IN LITHIUM.ION BATTERY FACTORYIN FOCUSIN FOCUS
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