Air India

Under the deal with Airbus, the carrier will acquire 140 A320neo and 70 A321neo single-aisle aircraft, as well as 34 A350-1000 jets. The airline also plans to ...

[https://www.airbus.com/en/newsroom/press-releases/2023-02-tata-owned-air-india-to-acquire-250-airbus-aircraft](https://www.airbus.com/en/newsroom/press-releases/2023-02-tata-owned-air-india-to-acquire-250-airbus-aircraft) [Airbus](https://www.globaldata.com/company-profile/airbus-se) and 220 from US aerospace firm [Boeing](https://www.globaldata.com/company-profile/the-boeing-co). [Air India](https://www.globaldata.com/company-profile/air-india-ltd?scalar=true&pid=86022&sid=14). [Airbus](https://www.globaldata.com/company-profile/airbus-se?scalar=true&pid=86022&sid=14), the carrier will acquire 140 A320neo and 70 A321neo single-aisle aircraft, as well as 34 A350-1000 jets. [Air India](https://www.globaldata.com/company-profile/air-india-ltd) has [sealed a $70bn order for nearly 500 aircraft](https://www.airbus.com/en/newsroom/press-releases/2023-02-tata-owned-air-india-to-acquire-250-airbus-aircraft) to boost its domestic and international operations. India is on the verge of an international air travel revolution and we are honoured that our partnership with the Tatas and our aircraft solutions will write that new chapter for the country’s air connectivity.

The deal has the potential to not only vault Air India to the number one position in the domestic aviation sector but also spur jobs in India, ...

According to IBEF, India is poised to improve its position from the 7 th largest in civil aviation to the third largest in the next 10 years. In domestic aviation market, India is set to overtake the UK to become the third largest by 2024. With a large jump in international air carriers from India, the deal promises to make India an international hub for air travel. The kind of planes which Air India has ordered shows that it plans to increase its presence in international routes dramatically as well as ply to large and smaller cities in the domestic market. This happens to be the largest bulk order for aircraft, the second highest was by American Airlines for 460 planes in 2011. The erstwhile national carrier of India, which had been running large losses, has been trying to turn around its operations after the Tatas gained control in early 2022.

Most extensive and up to date airline knowledge base: More than 50000 aircraft, 6500 airports and 5000 airlines, access to fleet lists, worldwide airline ...

The widebody aircraft will use engines manufactured by [General Electric](https://www.ch-aviation.com/portal/entity/GENE) and [Rolls-Royce](https://www.ch-aviation.com/portal/entity/RORO). It was also confirmed that aircraft engine maker [CFM International](https://www.ch-aviation.com/portal/entity/CFMI) was selected to supply the engines for the narrowbody Airbus jets, trumping [Pratt & Whitney](https://www.ch-aviation.com/portal/entity/PRWH). [Aeroflot](https://www.ch-aviation.com/portal/airline/SU) (SU, [Moscow Sheremetyevo](https://www.ch-aviation.com/portal/airports/3689)) but could not be delivered due to sanctions. In its statement regarding the order, Airbus said India was on track to become the world's most populous nation with a fast-growing economy. Formerly state-owned, Air India was acquired by Tata Sons in January 2022, which subsequently announced plans to overhaul the airline and rebuild its reputation. "As a result, passenger traffic in India will grow fast, including on the long-range markets in the US, Europe, and Asia-Pacific." This is the largest aircraft order on record, besting the 2011 [American Airlines](https://www.ch-aviation.com/portal/airline/AA) order for 460 aircraft. Those jets will become the first A350s to be based in India. Underscoring the significance of these orders, Indian Prime Minister Narendra Modi and French President Emmanuel Macron attended the online announcement of the Airbus order while US President Joe Biden announced the Boeing order from the White House. There are options for a further fifty MAX as well as twenty B787-9s. [A320-200N](https://www.ch-aviation.com/aircraft-variants/A32020N)s, seventy [A321-200N](https://www.ch-aviation.com/aircraft-variants/A32120N)s, thirty-four [A350-1000](https://www.ch-aviation.com/aircraft-variants/A351000)s, and six [A350-900](https://www.ch-aviation.com/aircraft-variants/A350900)s. [B737-8](https://www.ch-aviation.com/aircraft-variants/B007378)s and [B737-10](https://www.ch-aviation.com/aircraft-variants/B073710)s (the exact numbers for each type were not specified), twenty [B787-9](https://www.ch-aviation.com/aircraft-variants/B007879)s, and ten [B777-9](https://www.ch-aviation.com/aircraft-variants/B007779)s.

Carrier 'on a large transformation journey', says chairperson after largest deal ever struck by single airline.

The deals are part of an ambitious overhaul by the Tata Group, which resumed control of the once-prestigious airline last year.

Tata](https://www.airindia.in/about-airindia.htm) and nationalized by the Indian government in 1953. It has also been marred by controversies of poor on-time performance and bad customer service. The airline was once known for its lavishly decorated planes and remains the country’s largest international carrier. The company operates 230 aircraft and employs thousands of pilots and crew members. “The number is record-breaking not only in India but anywhere,” he said. Tata, which makes the Land Rover, operates the historic Pierre Hotel in New York and sells Tetley tea globally, also owns two other airlines — Vistara, a full-service carrier in partnership with Singapore Airlines, and AirAsia India, a budget airline.

Air India will buy a total of 470 aircraft from Airbus and Boeing, at an estimated cost of some $80bn, and up to 80 freighters.

According to him, Air India also has plans on the drawing board to add some 80 freighters over the next 20 years to cement its freight footprint. “The government has shown policy directions to scale up exports,” Joy John, director of sea and air freight at Mumbai-based freight forwarder Jet Freight, told The Loadstar. Tata’s fleet push has now set the stage for heightened competition and newer growth strategies among carriers. Industry sources believe network expansions from Air India’s fleet rebuild will also present significant growth potential for the nation’s air freight industry, already boosted by government policy reforms and growing investment in new airport projects. Last week, AISATS, a joint-venture between Air India and Singapore-based SATS, won rights to build an expansive multimodal cargo hub at India’s upcoming Noida International Airport. And sources have told The Loadstar, the carrier plans to add some 80 freighters over the next 20 years.

With its record purchase of 470 new planes, Air India can aim to become the next Emirates or Turkish Airlines.

Over the winter, many Air India flights were [delayed or canceled](https://www.ndtv.com/india-news/cabin-crew-shortage-hits-air-indias-ultra-long-haul-flights-report-3596036). (India’s aviation regulator called the staff’s response “ [devoid of empathy](https://www.ndtv.com/india-news/unprofessional-conduct-regulator-slams-air-india-on-urination-incident-3666563).”) It exemplified the lack of trust that passengers have come to develop over the decades with Air India, thanks to delayed flights, poor customer service, and [safety issues.](https://www.outlookindia.com/website/story/58-air-india-pilots-were-drunk-right-before-flying-in-last-eight-years-in-india-report/317608) “For years, customers both international and domestic have complained about poorly maintained cabins, broken seats, and lack of hygiene,” a former Air India steward, requesting anonymity, told Quartz. The incident was shocking not just in itself but also for the airline’s poor handling of the fallout. Air India’s purchase has gotten the world talking. [Reuters report said](https://www.reuters.com/business/aerospace-defense/how-secret-london-talks-led-air-indias-gigantic-plane-order-2023-02-14/), citing sources familiar with the dealmaking process. Announcing the plan last year, the airline last year said it will add new local and global routes to its network. None of the major Middle Eastern airlines—Abu Dhabi’s Etihad, Dubai’s Emirates, or Qatar Airways—belong to And then play hundreds of other games in 4K with up to 120 frames per second. Until now, Airbus has dominated that sector of Indian aviation; IndiGo, the largest domestic airline by passengers as well as fleet size, relies [urinated on a 70-year-old fellow passenger](https://timesofindia.indiatimes.com/business/india-business/air-india-bans-urination-case-accused-shankar-mishra-for-4-months-official/articleshow/97133097.cms) in the business class cabin of an Air India flight. [Star Alliance](https://www.staralliance.com/en/members), the loose group of 26 airlines, of which Air India is a member.

Having sub-fleet types will make network optimisation easy for the airline. For instance, the ultra-long haul A350-1000 will also allow the airline to ...

The airline also has the option to tweak types of the aircraft and looking at the performance will decide future deliveries,” the person quoted above said. Airbus A320 Neos were not available before 2026 while Boeing was ready to supply immediately,” the person quoted above said. While the rationale in the aviation industry has been to maintain commonality between aircraft types, Air India has opted for four variants in the wide body category like A350-900, A350-1000, 787-9 and 777-9. Similarly having the A350-900 and the 787-9 can alternate on long haul routes depending on traffic potential. These are fuel guzzlers and hence will be replaced by the A350-1000 as they start arriving by 2025,” the source said. People aware of the company’s functioning said that the airline, over a period of one year, held tough negotiations with aircraft and engine manufacturers at London.

As global aerospace savours a record Air India 500-plane deal cheered by world leaders, it is the turn of leasing companies to line up for a piece of the ...

Tata Group-owned airline said of the 470 aircraft it ordered from Boeing and Airbus, 70 were wide-body variants powered by Rolls Royce and GE Aerospace engines ...

The Tata-owned carrier on Tuesday announced a 470 aircraft acquisition programme, the single largest order, by numbers, in the history of the aviation ...

This also allows the airline to lease it in future and raise cash if needed,” said an executive of a leasing firm. [PBH](/topic/pbh)) agreements with engine makers GE and Rolls Royce, said people familiar with the development. “Air India will exercise both sale-and-leasebacks as well as ownership of primarily the wide body assets. Similarly for wide body aircraft like the A350 and Boeing 787, lease rates are set to increase due to their low production levels. These people said the credit worthiness of parent firm [Tata](/topic/tata)Son will allow the airlines to raise funds at lower rates of capital for financing the aircraft purchase. The airline will take a final call near the time of delivery

The significance of the biggest order for passenger aircraft in history goes far beyond Air India and Indian aviation — it has the potential to boost ...

Among wide-body aircraft, of which there aren’t too many in India, Boeing is the leader — both Air India and Vistara have all-Boeing wide-body fleets. The Tata Group wants AI to quickly gain market share and the mega order is part of the action plan. The new wide-body fleet especially, is expected to boost Air India’s competitiveness in the long-haul flight segment and help it emerge as a formidable global network carrier. “The first aircraft to arrive will be 25 brand new Boeing B737-800s and six Airbus A350-900s in the second half of 2023, with deliveries really ramping up in 2025 and beyond. In addition, it is leasing aircraft to expand its network and offering till the time the new planes join its fleet. After irking the West by ramping up its purchase of Russian crude, it is good optics for India to be seen as creating jobs in Europe and the US through the AI order. A five-year roadmap — Vihaan.AI — was prepared with the aim of substantially growing the network and fleet and putting it on a “path to sustained growth, profitability, and market leadership”. The Airbus deal means big business for engine maker Rolls-Royce, and will create jobs in the UK where parts of the aircraft are expected to be manufactured. Air India is also in the process of refurbishing its existing planes and trying to get a few grounded ones back in the air. The significance of the order goes far beyond Air India and India’s aviation sector. The erstwhile Indian Airlines and Air India had placed an order for a total 111 single-aisle Airbus and twin-aisle Boeing planes more than 17 years ago. This is the largest order placed by an airline in one go anywhere in the world, beating the 2011 order by American Airlines for a combined 460 aircraft.

The first aircraft to arrive will be 25 brand-new Boeing B737-800s and six Airbus A350-900s in the second half of 2023, with deliveries ramping up in 2025 ...

On the strength of its excellent financial track record, Tata Group was able to secure Power-By-Hour (PBH) agreements with engine manufacturers GE and Rolls ...

This results in the immediate lease of the aircraft to the entity that placed the order. [Air India](/topic/air-india) interested in owning a portion of the fleet, according to industry executives. Under the sale-leaseback arrangement, the owner sells the aircraft to the lessor. [Air India](/topic/air-india) will exercise both sale-and-leaseback as well as ownership of primarily the widebody assets. The order is the single largest purchase in the history of the aviation sector. According to a report by The Economic Times (ET), [Tata Sons](/topic/tata-sons) can raise funds for aircraft purchases at lower interest rates thanks to its credit history.

Will Air India in the Tata Group era emerge as a leading premium carrier of the world?

Air India plans the largest aircraft order in the history of aviation. But if the current management at Air India is willing to take on a beleaguered state-owned enterprise, I am hopeful that investment will not only concentrate on aircraft, but the soft product onboard. Air India has expressed intent to acquire a massive number of both Airbus and Boeing jets that will modernize and transform its fleet.

Air India Ltd. could almost double what already stands to be the biggest aircraft order in commercial aviation history as it tries to emerge from decades of ...

[Airbus SE](/quote/AIR:FP) and [Boeing Co.](/quote/BA:US) announced Tuesday, the carrier has options to buy another 370 jets, Chief Commercial and Transformation Officer Nipun Aggarwal wrote in a [LinkedIn post](https://www.linkedin.com/feed/update/urn:li:activity:7031657179933814784/) late Wednesday. [Air India Ltd.](/quote/1009154Z:IN) could almost double what already stands to be the biggest aircraft order in commercial aviation history as it tries to emerge from decades of mismanagement and challenge local rivals and international giants like [Emirates](/quote/0198050D:UH) and [Qatar Airways](/quote/105701Z:QD). In addition to the record order for 470 planes from

Air India's Chief Commercial and Transformation Officer Nipun Aggarwal on Thursday said that Air India has placed orders for 840 planes from Airbus and ...

This was also the first time in more than 17 years that Air India, which was acquired from the government by Tata Group in January 2022, has ordered planes. The order was placed in 2005. The Boeing firm order comprises 190 737-Max, 20 787s and 10 777s. Indian carriers operate around 159 Boeing planes. "This order is also a testament to the tremendous economic potential unleashed by the Air India privatisation," he said, adding that it is indeed a landmark moment in the history of Air India and Indian aviation. Aggarwal on Thursday said the order demonstrates the vision and aspiration of Tata Group to transform Air India into a world-class airline and connect India "non-stop" to every major city in the world.

The current 470-aircraft order is the largest placed by an airline in one go anywhere in the world, beating the 2011 order by American Airlines for a ...

“The first aircraft to arrive will be 25 brand-new Boeing B737-800s and 6 Airbus A350-900s in the second half of 2023, with deliveries really ramping up in 2025 and beyond. “In addition to the 470 aircraft on firm order, Air India has secured a number of options and purchase rights. At the time, there was no clarity on whether there was an option along with the firm order for 250 Airbus aircraft as well. Usually, firm orders are accompanied by options, which allow the airline to purchase additional planes in the future at an agreed price and date. “The order comprises 470 firm aircraft, 370 options and purchase rights to be procured from Airbus and Boeing over the next decade. The Airbus firm order comprises 210 A-320/321 Neo/XLR and 40 A350-900/1000.