03 Jul 2023
India Aviation Industry Newsletter
Air India Firms Up Aircraft Orders
Air India announced signature of purchase agreements to acquire 470 aircraft from Airbus and Boeing for its fleet expansion program that it announced in February this year. The purchase agreements were signed at Paris Air Show with a total list price of $70 Billion. Air India MD & CEO Campbell Wilson, said “Our ambitious fleet renewal and expansion programme will see Air India operate the most advanced and fuel-efficient aircraft across our route network within five years. We are proud to be working with all our partners in this journey to rebuild a global airline which reflects India taking a more confident posture around the world.”
flybig signs Purchase Agreement
De Havilland Canada and flybig signed a Purchase Agreement to acquire two Twin Otter Series 400 aircraft and a Letter of Interest to acquire 10 new DHC-6-300-G aircraft. De Havilland Canada CEO Brian Chafe, said “We are proud to welcome flybig as our first Twin Otter Series 400 operator in India, and for them to explore a potential future purchase of 10 new DHC-6 Twin Otter Classic 300-G aircraft. Helping connect remote communities is at the heart of what these aircraft are all about.”
IndiGo orders 500 Airbus A320 Family aircraft
IndiGo announced a firm order for 500 Airbus A320 Family aircraft at the Paris Air Show for delivery between 2030 and 2035. This 500 aircraft order is not only IndiGo’s largest order, but also the largest-ever single aircraft purchase by any airline with Airbus. The engine selection for this order will be done in due course and so will be the exact mix of A320 and A321 aircraft, bring cumulative net orders to 1330 aircraft. IndiGo CEO Pieter Elbers said “It is difficult to overstate the significance of IndiGo’s new historic order for 500 Airbus A320 Family aircraft. An orderbook now of almost 1000 aircraft well into the next decade, enables IndiGo to fulfill its mission to continue to boost economic growth, social cohesion, and mobility in India. At IndiGo, we take pride in being India’s preferred airline for connectivity in and with India; and by doing so, being one of the leading airlines in the world. This order strongly reaffirms IndiGo’s belief in the growth of India, in the A320 Family and in our strategic partnership with Airbus.”
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