Tata Group-owned Air India has placed an order for 840 planes with Airbus and Boeing, including the option to acquire 370 aircraft, with a senior airline official on Thursday saying the order is a "landmark moment" in the Indian aviation history. The announcement by Air India's Chief Commercial and Transformation Officer Nipun Aggarwal comes a day after the airline said it has placed a firm order for 470 aircraft -- 250 from Airbus and 220 from Boeing. In a LinkedIn post, Aggarwal said the airline is humbled by the excitement generated across the world by the airline's aircraft order.
Airbus Industrie on Tuesday said it was not going to revisit the past as its planes have emerged as a 'preferred choice' for airlines in India.
Business Secretary Lord Peter Mandelson made the announcement on a visit to the Filton Bristol, plant of Airbus UK which will be making the wings for the new plane. The government assistance will create and sustain more than 1,200 jobs at Filton and at Airbus UK's Broughton plant in north Wales.
Airbus Industrie is setting its eye on India for selling its brand new, most modern and spacious A-380 aircraft.
The Tata group-owned Air India will induct over 90 aircraft in two years as it looks to widen its footprint and grab a larger market share. The plan includes 56 planes from the mega aircraft order that the airline has now finalised with Airbus and Boeing. These will be in addition to previously announced leases of 36 planes that include Airbus A320Neo, A321Neo, and Boeing 777 aircraft.
BA parent could order around 20 Airbus A350-1000s.
In a LinkedIn post on Wednesday, February 15, night, Nipun Aggarwal had said Air India, in addition to the order of 470 planes, had the option to purchase 370 aircraft from Airbus and Boeing.
High-rolling gamblers may soon be cashing in their chips with the great casino in the sky.
Lufthansa received its first Airbus 380 on Wednesday.
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC). In a release, the airline said the transaction was facilitated by its wholly-owned subsidiary AI Fleet Services Ltd (AIFS) and is also the first financing transaction from the orders for 470 aircraft that were made earlier this year.
The world's largest passenger aircraft, Airbus' A-380, would make its maiden flight to India on May seven and spend three days romancing the Indian skies.
The story behind the horrific crash of the Lufthansa's Germanwings airbus that claimed the lives of 150 people onboard could take some more time to unravel.
The battle for the skies is moving to a new orbit - fuel-efficient narrow body planes. While Airbus has cashed in on the first mover advantage in this space with its A320 Neo, Boeing, which launched its plane in August last year, is catching up fast.
The first fresh-mint aircraft of the state-owned carrier, Indian, which has ordered 43 aircraft from the European manufacturer Airbus Industrie, arrived at the Indiara Gandhi International airport on Thursday morning.\n\n
French authorities launched a judicial investigation into the conditions and purpose of the trip, with a unit specialising in organised crime investigating suspected human trafficking.
Private carrier Air India on Tuesday unveiled its new collection of uniforms, designed by Manish Malhotra, for its cabin and cockpit crew. The new uniforms will be introduced in a phased manner over the next few months, starting with the entry of service of Air India's first Airbus A350 aircraft, the company said in a statement. "Air India's crew uniforms are amongst the world's most storied in aviation history, and we firmly believe that Manish Malhotra's innovative ensemble will script an exciting new chapter for Air India's future narrative," said Campbell Wilson, chief executive officer and managing director at Air India.
Airbus stands ready to increase output after winning an industry peak of 1,619 new airplane orders in 2013, as it seeks to turn a record backlog of almost nine years of plane production into hard profit.
Airline officials said the operational launch may be held in the later part of October.
With the increase in number of private airlines in the Indian skies, aircraft manufacturer Airbus Industrie expects demand for planes to grow to about 800-1,000, including about 40 of its super jumbo A-380s, in the next two decades.
Air India plans to phase out 11 of its 20-year-old Airbus 320 as it acquires new aircraft from the European aircraft manufacturer to augment its fleet, the airlines spokesman said on Thursday.
Overall, with an above world average traffic growth rate of 5.5 per cent, Asia-Pacific will account for 36 per cent of all new passenger aircraft demand
The Union Cabinet on Thursday cleared Indian Airlines' plans to purchase 43 aircraft from Airbus Industrie.
India's state-run aircraft maker Hindustan Aeronautics Ltd is making efforts to get a substantial 'offset' business from Airbus Industrie in Indian Airlines' order for 43 aircraft.
European aircraft maker Airbus said on Monday it expected India to buy about 222 aircraft over the next 15 years, and hoped to sell about half of them, including a current 43-jet deal.
The 'Maharishi Valmiki International Airport, Ayodhyadham' has become the 68th civil airport terminal in the country to come under the umbrella of the specialised aviation security group of the central force.
SpiceJet's resurgence, once the new funding is in place, has the potential to disrupt the Indian aviation market in 2024 as the airline will bring its grounded aircraft back to service and lease as many planes as possible to be competitively relevant, aviation consultancy firm Capa India said on Thursday. "Although the market for procuring aircraft in 2024 is exceptionally tight, we expect that SpiceJet will bring stored aircraft back into operations, and will wet or dry lease as much capacity as possible, in order to be competitively relevant. "This will have a material impact on the industry structure, and possibly on domestic profitability," Capa India said in its report.
Four Indian airports are currently equipped to handle these super jumbos.
With a dimension of 16.67 metres by 4.2 metres by 1.0 metres and a weight of 3,500 kg per wing, the wing box is the largest Airbus aircraft component ever produced by a Chinese aviation company.
Commercial Aircraft Corporation of China is set to take on American airliners Airbus and Boeing Co.
In a shocking incident at Haneda Airport, Japan Airlines Flight 516, en route from New Chitose Airport, erupted into flames just after landing on Runway C at approximately 5.47 pm (local time) on Tuesday, Japanese public broadcaster NHK reported.
This indirect outsourcing will make Airbus' parent company EADS' total business outsourced to India grow 10 times by 2020, from the current euro 100 million. In comparison, the total outsourcing to countries outside Europe will only increase by more than three times in that period, albeit from a far larger base of euro 8 billion. Industry experts said this indirect outsourcing would be a clear way to rationalise costs.
The mesmerizing march included elite marching contingents, missiles, warplanes, surveillance gadgets and lethal weapon systems, with French President Emmanuel Macron gracing the occasion as the chief guest.
Jet Airways has announced the induction of the state-of-the-art Airbus A330-200 aircraft into its fleet. \n
The market valuation of InterGlobe Aviation, the parent of IndiGo, reached Rs 1 lakh crore mark on Wednesday and became the first airline to achieve this milestone. On Wednesday, the stock rallied 3.55 per cent to settle at Rs 2,619.85 apiece on the BSE. In intra-day trade, shares of the company jumped 4.12 per cent to hit its 52-week high of Rs 2,634.25.
For the first time in 13 years, since Jet Airways' A330 planes exited the airline's fleet in around 2010, an Indian wide-body aircraft will have a Rolls-Royce-powered engine, with Air India ordering 40 Airbus A350 planes. On Tuesday, Air India announced its mega aircraft order for 470 aircraft, including A350 planes. The A350 aircraft, which will come in two variants, are powered solely by Rolls-Royce Trent XWB engines and the local team has begun work to assist Air India with its aircraft-induction plans.
He said most of the passengers on the chartered plane that returned from France were from districts of Banaskantha, Patan, Mehsana and Anand.
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