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 Salt Lake City Sun 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 Salt Lake City Sun.
More InformationWASHINGTON D.C.: In a cardboard box factory outside Baltimore, people have been walking into the office of Paul Centenari, chief ...
DELFT, Netherlands: IKEA officials said this week that the furniture retailer's warehouses in Europe are as full as they were ...
NEW YORK CITY, New York: After the first six months of 2022, the S&P 500 recorded a loss of 20.6 ...
WASHINGTON D.C.: Due to the record high trade deficit and a resurgence in COVID-19 infections that curbed spending on services, ...
TAIPEI, Taiwan: The world's fourth largest chip designer by revenue, Taiwan's MediaTek, has told Reuters that it plans to create ...
NEW YORK, New York - U.S. stocks rebounded on Friday, a day after major across-the-board sell-offs."Consensus estimates for 2022 and ...
Beijing [China], July 2 (ANI): TikTok, a 15-second video platform, has told US senators that it is taking all necessary ...
New Jersey [US], July 2 (ANI): Screening mothers and fathers for depression beyond their child's first birthday in pediatric offices, ...
Ottawa [Canada], July 2 (ANI): NBA star Enes Kanter Freedom has called upon Canadian Prime Minister Justin Trudeau to take ...
Canberra [Australia], July 2 (ANI): Australia seems to be in the firing line as US and China come closer to ...
Islamabad [Pakistan], July 2 (ANI): Former Pakistan prime minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Friday accused the ...
Florida Panthers forward Anthony Duclair underwent successful surgery to repair his Achilles tendon and is expected to return midway into ...