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Air India has awarded Airbus and Boeing a major order worth US$100 billion for 500 aircraft
According to media reports, Tata Air India will order around 500 aircraft from Airbus and Boeing in one of the largest aircraft acquisitions by an Indian civil airline. I n addition to the planes, the Tata-owned airli...
Updated: 39 months ago2 min read
In addition to the aircraft, Tata's airlines will also purchase original equipment manufacturers engines for these aircraft.
According to media reports, Tata Air India will order around 500 aircraft from Airbus and Boeing in one of the largest aircraft acquisitions by an Indian civil airline.
In addition to the planes, the Tata-owned airline will also buy engines from original equipment manufacturers for these planes, the news added.
It should be noted that Tatas said on Jan. 27 that a groundbreaking aircraft order was being finalized and was on the horizon.
"Historical order completion"
Specifically, this development is taking place against the background of the ongoing merger of the former AirAsia India to form Air India Express and Vistara to form Air India. Integrated Air India is targeting a market share of more than 30% on domestic and international routes. After completing Air India's year-long acquisition, Air India CEO Campbell Wilson said in a message to employees on Jan. 27 that the company "is completing a historic order for new aircraft to spur future growth." and added more than 1,200 key function specialists to improve skills.
Air India ordered aircraft worth more than US$150 billion, according to list price of ordered aircraft: 220 Boeing and 210 Airbus were reported. These include 400 Airbus A320 neo narrow-body aircraft and 190 Boeing 737 Max aircraft.
Air India Transformation Plan: Vihaan.AI
Air India has launched Vihaan.AI as part of the airline's master plan for airline transformation to be implemented over the next five years and has taken various actions including a renewal commitment in Amount of 400 million US dollars. the entire jumbo jet fleet.
In the release, CEO Wilson mentioned the company's financial performance, saying that the total number of Air India aircraft in service increased by 27% over the past year; 16 new international connections have been launched or announced, average daily earnings have doubled and the number of call center employees has more than doubled.
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