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 Kolkata 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 Kolkata Sun.
More InformationSULAWESI, Indonesia: Using just a rope, an Indonesian man, supported by fellow villagers on the island of Sulawesi, captured a ...
WATFORD, UK: Watford F.C. has cancelled a friendly match against the Qatar national team due to the Gulf country's human ...
ISTANBUL, Turkey: Turkish police detained dozens of people after local authorities banned Istanbul's annual Pride parade from going ahead this ...
PARIS, France: Amidst shortages and soaring prices caused by Russia's invasion of Ukraine and subsequent supply cuts, the heads of ...
WASHINGTON D.C.: In the latest in a series of sanctions aimed at further isolating Russia economically over its invasion of ...
MAGWAY, Myanmar - At least eight resistance fighters were killed on Wednesday when junta troops intercepted a truck they were ...
NEW DELHI, India: Reserve Bank of India (RBI) deputy governor Michael Patra says India's retail inflation is likely to breach ...
ISLAMABAD, Pakistan - The Foreign Office (FO) revealed on Monday that a member of the five-nation BRICS summit "obstructed Pakistan's ...
MALDIVES, Male: Police used tear gas and pepper spray this week to control a crowd who disrupted a yoga event ...
Stockholm [Sweden], July 1 (ANI): Tokyo Olympic gold medallist Neeraj Chopra gave another sterling performance on Thursday as he clinched ...
Panaji (Goa) [India], July 1 (ANI): Eknath Shinde reached the Goa hotel late last night after being sworn in as ...
New Delhi [India], July 1 (ANI): The price of a commercial LPG cylinder has been reduced by Rs 198 with ...