Al buys 540 planes, in biggest ever deal
Mint Mumbai|February 15, 2023
The purchase is estimated to cost Air India a whopping $82 bn
Anu Sharma
Al buys 540 planes, in biggest ever deal

Air India Ltd on Monday made aviation history with the biggest aircraft order ever, agreeA à ing to purchase a total of 540 aircraft from Boeing and Airbus that will help the Tata Group airline expand its horizons in India and abroad.

The purchase of short-and long-haul aircraft is estimated to cost Air India a whopping $82 billion according to the list price, though the actual cost would be lower since bulk orders come with discounts and incentives.

Of the total 540 aircraft, 470 are firm orders, and the rest 70 are options with Boeing that Air India can exercise in the future. The 470 aircraft include 250 Airbus and 220 Boeing planes, with the first of them landing later this year. According to Bloomberg, the previous single largest jet order was a 460-plane deal by American Airlines in 2011.

"The first aircraft to arrive will be 25 brand-new Boeing B737-800s and six Airbus A350-900s in the second half of 2023, with deliveries really ramping up in 2025 and beyond. In the meantime, our capacity growth will continue to be supported by the previously announced lease-in of additional narrow-body and wide-body aircraft and the restoration-to-service of the remainder of our grounded fleet," Air India CEO Campbell Wilson said in an email to employees.

この記事は Mint Mumbai の February 15, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mint Mumbai の February 15, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

MINT MUMBAIのその他の記事すべて表示
How to make Elon Musk's budget-slashing dreams come true
Mint Mumbai

How to make Elon Musk's budget-slashing dreams come true

Any serious fiscal policies must go through Congress. That may end up being the key test of DOGE and Trump

time-read
1 min  |
November 19, 2024
BOREDOM: THE INVISIBLE CAUSE OF RISING ATTRITION
Mint Mumbai

BOREDOM: THE INVISIBLE CAUSE OF RISING ATTRITION

They deliver on the job, but many employees are just going through the motions with one eye on the exits

time-read
1 min  |
November 19, 2024
Mint Mumbai

Viksit Bharat needs big plans and coordinated action

Let's transform manufacturing and agriculture, decarbonize the economy and unleash growth led by women

time-read
3 分  |
November 19, 2024
Indonesia will need to tread a fine line after T rump's return
Mint Mumbai

Indonesia will need to tread a fine line after T rump's return

Jez/farms relations with China mustn,t send out the wrong signals

time-read
3 分  |
November 19, 2024
What if Donald Trump keeps his promises on economic policy?
Mint Mumbai

What if Donald Trump keeps his promises on economic policy?

The 2024 US election is one of those rare instances where there is palpable fem that the winner will actually follow through

time-read
3 分  |
November 19, 2024
Mint Mumbai

The Indian state is still to fully unshackle our economy

Economic success needs the state to function as an enlightened referee and be less statist

time-read
3 分  |
November 19, 2024
Mint Mumbai

Let's tackle the harsh realities of mental health at the workplace

Ensure an inclusive work environment with policies of reasonable accommodation and support

time-read
3 分  |
November 19, 2024
Hypersonic weapons in the age of A!: Be careful
Mint Mumbai

Hypersonic weapons in the age of A!: Be careful

Indias hypersonic missile marks a leap and updates its nuclear deterrence. But dangers lurk in the global race for these speedy and sneaky weapons, wit/z AI -use posing new risks

time-read
2 分  |
November 19, 2024
Mint Mumbai

How working abroad gives young Indians a wealth edge back home

Working overseas gives them the advantage to earn in stronger currencies and benefit from exchange rates

time-read
5 分  |
November 19, 2024
Mint Mumbai

FALLING MARKETS ARE JUST WHAT YOU NEED: HERE'S WHY

For some of you, a market downturn may be an ideal time for a complete financial reset

time-read
2 分  |
November 19, 2024