REPORTS: Air India in talks with Boeing, Airbus for major order

0
297
air-india-privatisation-moves-ahead

https://www.cfmaeroengines.com/engines/leap/Air India, which was recently taken over by the Tata Group, said it is in negotiations with  Boeing and Airbus about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircraft. The airline’s chief executive made the comments at a Tata corporate event.

“We are in deep discussion with Boeing, Airbus and engine manufacturers for a historic order of the latest generation aircraft that will power Air India’s medium- and long-term growth,” Campbell Wilson, the airline’s chief executive, said at a Tata corporate event in Mumbai, according to Indian media reports.

Wilson said Air India planned to expand its fleet and global network, aiming to increase its market share to 30 percent on both domestic and international routes over the next five years. At present, Air India has a domestic market share of about 10 percent and an international market share of around 12 percent, according to industry estimates.

Air India said in September it would lease 30 Boeing and Airbus planes, expanding its fleet by more than 25 percent as part of the drive to boost market share and to improve service levels. Industry sources said in July that Air India was moving closer to a decision on an order worth $50 billion at list prices to be split between Airbus and Boeing. The sources said at the time that both planemakers were making a “final push” with the order set to include up to 70 wide-body jets including Airbus A350s and Boeing 787s and 777s, and up to 300 narrowbodies.


For Editorial Inquiries Contact:
Editor Matt Driskill at matt.driskill@asianaviation.com
For Advertising Inquiries Contact:
Head of Sales Kay Rolland at kay.rolland@asianaviation.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here