Robert Besser
23 Jun 2022, 02:05 GMT+10
NEW DELHI, India: Industry sources have said that Air India is in talks with Airbus and Boeing for the possible purchase of up to 300 aircraft.
Some 70 percent of the new aircraft would be narrow body jets, and the remaining 30 percent would include wide bodies, according to sources quoted by The Economic Times.
"Air India is clearly reorganizing itself under the very able stewardship of the Tatas, and as such it is very natural that they contemplate an investment in new fleets, new airplanes, if only to regain more sovereignty, more market share, for an Indian carrier in the international market," said Airbus Chief Commercial Officer Christian Scherer, as quoted by The Economic Times.
Boeing is also expected to offer attractive pricing to Air India on its 737 MAX aircraft, particularly after the difficult past few years.
Air India has not upgraded its fleet in more than 15 years. In 2006, Air India purchased 68 wide body airplanes from Boeing and 43 narrow bodies from Airbus, totaling 111 aircraft.
Get a daily dose of Trinidad Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Trinidad Times.
More InformationLONDON, England: UK Prime Minister Boris Johnson said this week that in order to move millions of tonnes of grain ...
YANGON, Myanmar: Myanmar's military authorities have transferred deposed leader Aung San Suu Kyi to a prison in the capital Naypyitaw ...
MALDIVES, Male: Police used tear gas and pepper spray this week to control a crowd who disrupted a yoga event ...
SEOUL, South Korea: After a first test launch failed last year, this week officials said South Korea's second test launch ...
WASHINGTON D.C.: Bipartisan legislation aimed at lowering U.S. insulin costs will be put to a vote on the Senate floor ...
MOSCOW, Russia: The UK newspaper, the Telegraph, has been blocked in Russia, following a request from the Russian prosecutor-general.The TASS ...
bogota, columbia - Part of the wooden stands collapsed during a bullfight in central Colombia on Sunday, sending spectators plunging ...
Dublin [Ireland], June 27 (ANI): India pacer Bhuvneshwar Kumar recorded the most wickets in the powerplay in the history of ...
Bogota [Colombia], June 27 (ANI): During a bullfight that took place in Central Colombia on Sunday, an unprecedented collapse of ...
Daulton Varsho belted a three-run homer during a five-run sixth inning as the Arizona Diamondbacks snapped a five-game losing streak ...
Mumbai (Maharashtra) [India], June 27 (ANI): Global icon Priyanka Chopra dropped an adorable photo dump of her beach vacation with ...
An entire seating section of an improvised bullfighting stadium in Colombia crumbled to the groundAt least four people have died ...