Tata Group

India has taken steps to allow airlines to lease more aircraft to fill a gap in capacity as travel rebounds from the pandemic, the country's civil aviation minister said yesterday.

İlker Aycı, former head of Turkish Airlines' executive board and committee, was appointed the CEO of India's national carrier Air India, Tata Sons Group announced on Feb. 14. 

Aycı, who was chair of the Turkish Airlines for more than seven years, resigned on Jan. 27.

Turkish appliance giant Arçelik aims to grow Asian sales to $1.5 billion within five years, CEO Hakan Bulgurlu told The Nikkei in a recent interview on May 30, noting how the global economy's center of gravity is moving eastward.