AIR INDIA, INDIA'S FORMER NATIONAL CARRIER, HAS BEEN ON fire lately, going out and about its transformation phase. On February 14, 2023, Air India announced signing letters of intent with two of the largest global aircraft manufacturers, Airbus and Boeing, to acquire both widebody and single-aisle aircraft.
On January 27, Air India completed one year under the Tata Group. In a government-led strategic divestment programme, the Tatas purchased a 100 per cent stake in Air India and Air India Express.
The joint order from Boeing and Airbus is the largest ever placed by any airline, as Air India prepares to relaunch under the Tata group with a more fuel-efficient fleet. Air India's historic 470-plane purchase will benefit not only original equipment manufacturers like Airbus and Boeing, but will also open doors for equipment and technology providers like Thales, which supplies avionics services to Air India. Air India's acquisition of 470 wide-body and narrow-body aircraft is valued at $70 billion, and the airline has invested between $400 million and $600 million on technology, platforms, and aircraft interior refurbishing.
THE FLEET
Air India is trying to extend its future fleet and advance its fleet strategy in the hope to service South Asia's fast developing domestic and international air transport industry in a sustainable manner.
Air India plans to add more than 90 planes to its fleet by 2025, including 56 planes from mega-orders inked with Airbus and Boeing. They will be in addition to the airline’s previously planned leases of 36 planes in 2022.
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Esta historia es de la edición Issue 3, 2023 de SP’s Aviation.
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KLM: THE WORLD'S OLDEST AIRLINE STILL GOING STRONG!
In 1930, KLM began scheduled passenger service between Amsterdam and Jakarta. The Fokker F.XII plane took 10 days to reach, including 81 hours of flying time. It was the world's longest scheduled flight before the Second World War.
SPICEJET'S $90 MILLION DEAL WITH CANADIAN Q400 PLANES
SpiceJet has successfully resolved a significant dispute with Bombardier over a fleet of Q400 turboprop planes in the form of a $90 million settlement, marking the end of a prolonged legal battle that also has broader implications for the Indian aviation sector
TAPPING THE UNCHARTED WATERS
Seaplane services are expected to transform regional connectivity in India, boost tourism, create jobs, and foster economic development, particularly in hard-to-reach coastal and inland regions
FLIGHT PLAN FOR NAVIGATING BUSINESS AIRCRAFT FINANCING
The business aircraft financing market has witnessed significant growth post-pandemic, driven by increased demand for private and chartered flights
TRUMP'S VICTORY: WHAT WILL IT UNFOLD FOR INDIA
For India, one of the most significant aspects of Trump's return will be his approach to China. There is a possibility that Trump will continue to view India through a transactional lens, prioritising trade deficits and economic returns. The role which the US plays as the global tech powerhouse is the model for future growth which cuts across economy to security. In all potential, there are mostly positive signs, rather another defining era for Indo-US relations could unfold if indicators are right. The convergence of mutual interest for both democracies is too obvious.
ANTARIKSHA ABHYAS-2024
The first ever tri-services Defence Space Exercise was a significant building block towards holistic capability in global space operations
INDIA'S GSAT-20 SATELLITE LAUNCHED
Symbolising growing technology, growth & collaboration, this mission highlights India's dedication to leveraging space technology for societal progress, expanding its role in commercial space ventures while underscoring the potential for India's heavy-lift launch vehicles to capture future opportunities
A LEGACY OF PRECISION, POWER, AND POISE IN THE SKIES
With a vision for comfort, excellence and sustainable aviation, Dassault's Falcon family embodies the peak of technological and environmental advancements
INDIA'S RICHEST BUYS BBJ
Private jets play a strategic role in allowing business magnates like Ambani to optimise time management, particularly critical given his global business commitments and a packed travel schedule.
PRIME MINISTER INAUGURATES AIRCRAFT COMPLEX FOR MANUFACTURING OF C295 AIRCRAFT
Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez jointly inaugurated the TATA Aircraft Complex for manufacturing of C295 aircraft at TATA Advanced Systems Limited (TASL) Campus in Vadodara, Gujarat on October 28, 2024.
