Tata Sons and Air India Chairman N Chandrasekaran said, "Air India is more than a project. It is a national initiative. There are a lot of expectations. We are undergoing a significant transformation because we are dedicated to building a world-class airline known for safety, on-time performance, the best of Indian hospitality, a modern fleet, and a wholesome experience for every passenger, whether they are in the first or last row."
The intentions were very clear for the salt to airline conglomerate TATA's that if Air India has to bounce back and rule the Indian sky they need to rework on the process with strategic expansion on all fronts. To address its revamp strategy, Air India unveiled a transformation plan called 'Vihaan.Al' in September 2022. The new plan guided the comprehensive multi-stage revival roadmap to catapult Air India into a world-class airline and claim at least 30% market share in the domestic market in the next five years. Working on the Vihaan. Al model, Air India in February 2023 signed letter of Intent with Airbus & Boeing to acquire modern fleet with joint order of 540 aircrafts. This number of aircraft order has marked a new era in the aviation industry across the globe. Air India has made the firm order of 470 aircraft out of 500, with the remaining 70 being options with Boeing that Air India can exercise in the future. The 470 planes include 250 Airbus and 220 Boeing planes, the first of which will arrive by second half of 2023.
Air India CEO Campbell Wilson said, "The first aircraft to arrive will be 25 brand-new Boeing B737-800s and six Airbus A350900s in the second half of 2023, with deliveries really ramping up in 2025 and beyond. Meanwhile, "our capacity growth will be supported by the previously announced lease-in of additional narrow-body and wide-body aircraft, as well as the restoration-to service of the remainder of our grounded fleet."
This story is from the MARCH-APRIL 2023 edition of Aviation World.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the MARCH-APRIL 2023 edition of Aviation World.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
ACFI Annual Conclave 2024 premier event for India's booming air cargo industry
The Air Cargo Forum India (ACFI) held their Annual Conclave themed “Unlocking Potential Paving Way for a Developed India” in New Delhi. The event aimed to foster collaborative brainstorming sessions to unlock the potential of international and domestic freight movements.
HYDROGEN FLIGHT LOOKS READY FOR TAKE-OFF WITH NEW ADVANCES
The possibility of hydrogen-powered flight means greater opportunities for fossilfree travel, and the technological advances to make this happen are moving fast.
SHAPING THE FUTURE OF ICAO An interview with ICAO Secretary General Juan Carlos Salazar
In 2023 we began an ambitious three-year journey to ensure ICAO is fit for the futureOur goal is to become more results-driven with a people-focused culture and way of working.
INDIAN NAVY BIDS FAREWELL TO UH-3H HELICOPTER
Indian Navy bid farewell to the UH-3H helicopter after 17 years of glorious service during a de-induction ceremony held at INS Dega, Visakhapatnam on 28 Jun 24.
FINNAIR remains committed to optimising its operations for the benefit of customers...
In an interview with Aviation World, Mr. Anupam Vig, General Manager - India, Finnair highlights plans to cater to the growing demand from India. Excerpts:
"OUR CORE HAS BEEN TRAINING AND WE STRIVE TO PRODUCE THE SAFEST AND BEST PILOTS," KHUSHBEG JATTANA, GENERAL MANAGER, SIMAERO INDIA
International pilot training and flight simulator provider, Simaero, recently announced that it will invest $100 million in India to train up to 5,000 pilots over the next five years.
"The demand for small to mid-size aircraft is quite high in India, especially in the charter segment"
In a candid interview, Rohit Kapur, President of Sales Asia Pacific, JetHQ briefs Vishal Kashyap, Managing Editor, Aviation World about the current status of Business Aviation in India, the projections and the much talked about fractional ownership. Excerpts...
We have seen a large growth in the aerospace segment in last decade...
Telangana is one of the most successful state of India which has largest number of foreign OEMS working under Make In India initiative.
Optimising Airport IT Infrastructure with Innovation and Efficiency
For an airport's operations to thrive, a multitude of variables need to fall into place seamlessly in its IT infrastructure.
HUGH AITKEN
“India has grown to be one of our top markets at Skyscanner. We have seen spectacular growth coming for both International and Domestic travel, with international bookings via Skyscanner +121 per cent ahead of 2019 levels and Domestic bookings +639% above 2019 levels. In the first week of January 2024 alone, India saw an increase of 35 per cent in searches when compared to the same period in 2023.