Air India inks deal for up to 290 Boeing and 250 Airbus aircraft in gigantic order
MUMBAI - The Tata Group-owned Air India in Mumbai have announced a massive order of Airbus and Boeing aircraft with options for more as the Asian carrier makes plans to expand international and domestic services.
Air India signed a contract for 190 737 MAX, 20 787 Dreamliner and 10 777X airplanes, plus an option for 50 more MAXs and 20 more 787-9s. Boeing also received a contract for support services.
For Airbus, Air India selected 140 A320neo and 70 A321neo single-aisle aircraft as well as 34 A350-1000 and six A350-900 wide-body jets.
Over the next decade, India is projected to grow to have the largest population in the world, its economy will expand the fastest among the G20 nations, and a burgeoning middle class will spend more on air travel. As a result, passenger traffic in India will grow fast, including on the long-range markets in the U.S., Europe and Asia-Pacific.
"This acquisition of nearly 300, highly advanced Boeing jets is a core element of Vihaan.AI, the comprehensive transformation and growth strategy we are pursuing at Air India," said Campbell Wilson, CEO and MD, Air India. "These new airplanes will enable us to dramatically expand our network, both domestically and internationally, and will come with a completely new, world-class onboard product enabling passengers to travel in the highest levels of comfort and safety. With this order, we are delighted to take our long relationship with Boeing to a new level."
“This is a historic moment for Airbus and for Air India. India is on the verge of an international air travel revolution and we are honored that our partnership with the Tatas and our aircraft solutions will write that new chapter for the country’s air-connectivity,” says Christian Scherer, Airbus Chief Commercial Officer and Head of International. “The A350’s unique capability will unlock the pent-up potential of India’s long-haul market, its technology, long reach and second to none comfort will enable new routes and passenger experience with better economics and enhanced sustainability. Alongside the A350s, the A320 Family fleets will be the efficient, versatile asset to continue democratizing and decarbonizing air travel in the country – from domestic, regional, up to international levels.”