Air India Prepares One Of The Largest Aircraft Deals In History: Report

Air India Prepares One Of The Largest Aircraft Deals In History: Report

Air India Ltd. is considering ordering as many as 300 narrow jets, according to people who are familiar with this problem, in what could be one of the biggest commands in the history of commercial flights as previously the airlines managed by the government tried to overhaul the fleet under new new ownership .
The carrier can order the Max 737 Max Airbus SE A320Neo model, or a mixture of the two, said people, asking not to be identified because the discussion is confidential. Agreement for 300 737 Max-10 Jet can be worth $ 40.5 billion with sticker prices, although general discounts in large purchases.

Winning a narrow order in India will be a coup for Boeing, because Airbus rival dominates the sky in the country, the flight market with the fastest growth in the world before Pandemi Covid. Indigo, which is operated by Interglobe Aviation Ltd., is the largest customer in the world for spraying best -selling producers from European producers, ordering more than 700, and others including Vistara, Go Airlines India Ltd. and AirAsia India Ltd. fly from the same family.

Production and shipment of 300 aircraft is likely to take many years or even more than a decade. Airbus builds around 50 narrow jet in a month, with plans to increase it to 65 in mid 2023, and 75 in 2025.

Representatives for Air India and Boeing refused to comment. Airbus representatives say the company is always related to existing and potential customers, but any discussion is confidential.

“This order may involve new financing methods to be played in the right way, including factoring macroeconomic trends, especially rupees that fluctuate and increase inflation,” said Satyendra Pandey, implementing partner of the AT-TV flight advisory company. “Some airlines have placed a lot of orders only to find that they cannot march financing with favorable conditions. Although it is not the result of someone imagined and of course not with groups like Tatas, but it must be planned.”

Indian water owner Tata Group is also close to orders for long -distance Jet Airbus A350 which is able to fly as far as the US west coast from New Delhi, Bloomberg News reports this month. After being known for its premium services and advertising featuring Bollywood stars, this airline still has a profitable landing slot in most major airports, but faces competition from foreign airlines with nonstop services to India, as well as operators flying through hubs in the Middle East.

Tata bought this airline earlier this year in the most famous privatization under Prime Minister Narendra Modi. It is expected to consolidate the aviation business, including four airline brands. Orders for new aircraft, especially with favorable requirements for long -term maintenance, will help cut fees and compete better with rivals that offer very cheap rates.

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