After historic Air India order, other Indian carriers plan to order around 1,200 planes

Other Indian carriers are also looking to acquire over 1,200 additional aircraft in the next two years, after Air India's landmark deal of 840 aircraft from Airbus and Boeing. Other Indian carriers are also looking to acquire over 1,200 additional aircraft in the next two years, after Air India's landmark deal of 840 aircraft from Airbus and Boeing. Air India, which is controlled by Tata, said on February 14 that it will purchase 470 wide-body and narrow-body aircraft from Airbus and Boeing. The aviator will purchase 220 trips from Boeing and 250 flights from Airbus, according to the company's announcement. The CAPA study also stated that practically all Indian carriers anticipate ordering additional aircraft in the upcoming years, for Given that the order books for the majority of incumbent carriers might be viewed as cautious in comparison to the market's future growth potential over the next ten years and beyond, fleet replacement as well as growth are both necessary.

According to the article, IndiGo had planned to delay placing a sizable order of about 300 aircraft prior to COVID-19 because of the pandemic. This is now more likely to happen and might involve more planes than originally planned—possibly as many as 500. There have been several instances in recent months of aircraft deliveries being postponed because the airframe was prepared but the engines weren't because of supply chain concerns. By the conclusion of FY2024, it is anticipated that these situations will become less common (2023-2024). However, the survey stated both aircraft and engine Makers still face a sizable backlog of orders that might take years to clear, even once supply-side issues are overcome.

Towards the end of 2022, there were 12,669 orders from Airbus and Boeing combined. According to the study CAPA issued on Friday, delivery slots are extremely difficult to come by for at least the upcoming couple of years, and for thin bodies, the situation is apparently tight until 2029. Nipun Aggrawal, the chief commercial and transformation officer (CCTO) of Air India, said on a social media platform on Thursday that the airline's 840-plane order from the European and American aircraft manufacturers Airbus and Boeing is for 470 aircraft, with the rest 370 being options. He wrote on LinkedIn that the deal will include 470 firm aircraft, 370 options, and buy rights from Airbus and Boeing over the following ten years.