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 Arizona Herald 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 Arizona Herald.
More InformationNEW YORK CITY, New York: Electric vehicle (EV) sales could reach 33 percent globally by 2028, and 54 percent by ...
BERLIN, Germany: To prevent large increases in food prices, officials from G7 countries, including Germany and the UK, will push ...
WASHINGTON D.C.: The U.S. Food and Drug Administration (FDA) is preparing to order Juul Labs to stop selling its e-cigarettes ...
WASHINGTON D.C.: As average home prices surged to a record high, reaching the $400,000 mark for the first time, and ...
MOSCOW, Russia: Russia's consumer price index has fallen by 0.12 percent for the third consecutive week.This drop in the consumer ...
TAIPEI, Taiwan: The American Chamber of Commerce in Taiwan has recommended that the United States "urgently" initiate talks with Taiwan ...
WASHINGTON D.C.: The U.S. Food and Drug Administration (FDA) is preparing to order Juul Labs to stop selling its e-cigarettes ...
Washington [US], June 26 (ANI): Actor and wrestler Alexander Nevsky is all set to star in the new western 'Taken ...
The Detroit Tigers will go for a three-game series sweep of the slumping Arizona Diamondbacks on Sunday in Phoenix. To ...
Right-hander Tyler Mahle will attempt to beat the San Francisco Giants for the first time in his career when he ...
Kody Clemens hit a three-run go-ahead homer and Miguel Cabrera moved into a tie for 27th place on the all-time ...
Cristian Javier and two Houston Astros relief pitchers combined to no-hit the New York Yankees in a 3-0 victory at ...