In major expansion, Air India weighs purchase of 300 jets

Tue, 28 Jun 2022

In major expansion, Air India weighs purchase of 300 jets

Robert Besser
23 Jun 2022, 02:05 GMT+10

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
Boeing is also expected to offer attractive pricing to Air India on its 737 MAX aircraft, particularly after the difficult past few years

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.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to San Jose Sun.

More Information

55 ℉

Partly Cloudy in San Francisco

US Sports

Section

Rays look to continue celebration vs. Pirates

The Tampa Bay Rays are back to winning and are riding the hot bat of Isaac Paredes. The Rays and ...

Red Sox look to sweep Guardians

The Cleveland Guardians' streak of winning seven consecutive series came to an end Saturday in a 4-2 loss to the ...

Nestor Cortes will try to get Yankees back on track vs. Astros

On Thursday, the Houston Astros sustained their most frustrating loss of the season when Ryan Pressly allowed a tying three-run ...

Phillies defeat Padres but lose Bryce Harper (fractured thumb)

Philadelphia lost Bryce Harper "for an indefinite period of time" Saturday night with a fractured left thumb when he was ...

Mariners get by Angels for 5th straight win

Kevin Padlo's two-run single in the sixth inning snapped a 2-2 tie and propelled the Seattle Mariners to a 5-3 ...

Phillies defeat Padres but lose Bryce Harper (fractured left thumb)

Philadelphia lost Bryce Harper "for an indefinite period of time" Saturday night when he suffered a fractured left thumb when ...

Business

Section

Asian stock markets gain on Chinese government move

SYDNEY, NSW, Australia - Stocks in Asia rose on Tuesday after China announced it would halve quarantine from 14 days ...

British consumers shop less as inflation reaches record highs

LONDON, England: As prices in stores throughout Britain rise, British consumers shopped less in May and also expressed less confidence ...

As first in US, driverless taxis picking up customers in San Francisco

SAN FRANCISCO, California: General Motors' self-driving Cruise division has begun charging fares for driverless rides in San Francisco.Earlier this month, ...

Wall Street wobbles, all major indices slide, Dow drops 62 points

NEW YORK, New York - The euphoria on Wall Street of late last week was absent on Monday as all ...

May sees 10.7% surge in US home sales

WASHINGTON D.C.: In May, sales of new U.S. single-family homes unexpectedly increased, but this is expected to be temporary, as ...

Pay dispute forces British Airways' staff to OK strike vote

LONDON, England: British Airways' staff at London's Heathrow airport has voted to strike due to pay disputes. Amidst an already ...

Movie Review

War for the Planet of the Apes