Since the Tata takeover, India’s Directorate General of Civil Aviation has repeatedly fined Air India over safety and other regulatory violations, including an Rs8mn ($95,000) penalty last year for exceeding flight duty time limits. At home, it is competing in a near-duopoly with IndiGo, which has been boosting its international long-haul routes.

Boeing stock price has moderated a bit to around $200 as investors assess the impact of the recent Air India crash.

The planemaker's new CEO Kelly Ortberg had been set to head to the Paris Air Show, the industry's biggest event of the year, after several key accomplishments in recent weeks as he tries to rebuild public trust in Boeing following a series of safety and production crises.