Air India's Chairman N. Chandrasekaran on Monday told staff that last week's plane crash that killed at least 271 people should be a catalyst to build a safer airline, urging employees to stay resolute amid any criticism.

Some of the world's leading airlines are investing to build a flight network to better connect India to the rest of the world. IndiGo, Delta Air Lines, Air France-KLM and Virgin Atlantic this week announced a partnership that aims to link the domestic and international travel markets within and outside of India.

Air India announced a $400 million fleet upgradation programme, which lists a total of 198 aircraft as part of its fleet.

The growing hotel industry in India is driving a surge in revenue as hospitality companies continue to come up with robust expansion plans.