Robert Besser
23 Jun 2022, 02:05 GMT+10
NEW DELHI, India: Industry sources have said that Air India is in talks with Airbus and Boeing for the possible purchase of up to 300 aircraft.
Some 70 percent of the new aircraft would be narrow body jets, and the remaining 30 percent would include wide bodies, according to sources quoted by The Economic Times.
"Air India is clearly reorganizing itself under the very able stewardship of the Tatas, and as such it is very natural that they contemplate an investment in new fleets, new airplanes, if only to regain more sovereignty, more market share, for an Indian carrier in the international market," said Airbus Chief Commercial Officer Christian Scherer, as quoted by The Economic Times.
Boeing is also expected to offer attractive pricing to Air India on its 737 MAX aircraft, particularly after the difficult past few years.
Air India has not upgraded its fleet in more than 15 years. In 2006, Air India purchased 68 wide body airplanes from Boeing and 43 narrow bodies from Airbus, totaling 111 aircraft.
Get a daily dose of Travel Trade news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Travel Trade.
More InformationSYDNEY, NSW, Australia - Stocks across Asia lost ground on Wednesday, although the New Zealand market defied the regional trend ...
LONDON, England: After EasyJet canceled thousands of flights this summer to limit the disruption caused to passengers from both air ...
DETROIT, Michigan, global shortage of computer chips, vehicles, Detroit automaker, General Motors, GM's total salesDETROIT, Michigan: The global shortage of ...
NEW YORK, New York - U.S. stocks gyrated on Tuesday, with major indices tumbling more than two percent before regaining ...
NEW DELHI, India: To combat worsening pollution, India, the world's second most populous country, has banned single-use plastic items, ranging ...
SAN FRANCISCO, California: In response to a string of shootings that have broken out at U.S. properties it lists, rental ...
DHAKA, Bangladesh - Two Biman Bangladesh Airlines planes have collided at Shahjalal International Airport's hangar, the fourth incident in less ...
LONDON, England: After EasyJet canceled thousands of flights this summer to limit the disruption caused to passengers from both air ...
PARIS, France: Signaling further disruptions for summer travelers, workers at Roissy-Charles de Gaulle Airport said they would go on strike ...
BEIJING, China: Chinese airlines announced last week that they would purchase some 300 Airbus jets. This is the largest order ...
NEW YORK CITY, New York: Bette Nash, age 86, has been named the longest serving flight attendant in the world, ...
New Delhi [India], July 6 (ANI): India's aviation regulatory body Director General Civil Aviation (DGCA) has issued show cause notice ...