Air India Orders Additional 100 Aircraft in 2024

New Delhi, India, 9 December 2024– The Tata Group-owned Air India has officially disclosed orders it placed earlier for 10 A350 widebody and 90 single-aisle A320 Family aircraft. In addition, it has selected Airbus’ Flight Hour Services-Component (FHS-C) for its growing A350 fleet.

The latest aircraft order, which is already included in Airbus’ 2024 orderbook, comes on top of the 40 A350 and 210 A320 Family aircraft ordered by Air India in 2023. Air India’s total orderbook for Airbus aircraft now stands at 344 with six A350-900s having already been delivered.

The FHS-C services package will help optimise the performance and reliability of Air India’s growing A350 fleet. This contract confirms Airbus’ position as the largest A350 power-by-the-hour maintenance service provider in the world.

The aircraft and services orders are part of Air India’s ongoing fleet modernisation programme.

Natarajan Chandrasekaran, Chairman, Tata Sons and Air India, said, “With India’s passenger growth outpacing the rest of the world, its significantly improving infrastructure and an aspirational young population increasingly going global, we see a clear case for Air India to expand its future fleet beyond the firm orders of the 470 aircraft placed last year. These additional 100 Airbus aircraft will help to position Air India on the path to greater growth and contribute to our mission of building Air India into a world-class airline that connects India to every corner of the world.

Having personally witnessed the formidable growth of the Indian aviation sector in recent months, I am glad to see Air India renew its trust in Airbus with this additional order for both our A320 Family and A350 aircraft,” said Guillaume Faury, Airbus CEO. “Through this continued partnership, we are committed to supporting the success of Air India’s “Vihaan.AI” transformation plan under Tata’s vision and leadership.

Air India commenced its A350 operations in January 2024. It marked the entry-into-service of this Airbus widebody aircraft in the Indian market.

The A350 is the world’s most modern and efficient widebody aircraft and the long range leader in the 300-410 seater category, flying efficiently on any sector from short-haul to ultra-long-haul routes up to 9,700nm. Its clean sheet design includes state-of-the-art technologies, aerodynamics, lightweight materials and latest generation engines that together deliver 25% advantage in fuel burn, operating costs and CO₂ emissions, as well as 50% noise reduction compared to previous generation competitor aircraft.

The A321neo is the largest member of Airbus’ best-selling A320neo Family, offering unparalleled range and performance. By incorporating new generation engines and Sharklets, the A321neo brings a 50% noise reduction and more than 20% fuel savings and CO₂ reduction compared to previous generation single-aisle aircraft, while maximising passenger comfort in the widest single-aisle cabin in the sky.

Airbus Flight Hour Services (FHS) is a comprehensive material & maintenance service based on a contractual fixed hourly-rate payment. FHS-C will provide Air India with fully integrated component services including on-site stock at Delhi. It will also provide the airline access to Airbus mutualised regional spares pools as well as repair and engineering services for a wide range of replaceable parts. FHS-C’s guaranteed service levels and component engineering expertise will allow Air India to benefit from maximised aircraft availability and operating maintenance cost savings.

Source: Airbus

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Aircraft Manufacturer Raises Asia-Pacific Aircraft Demand Forecast to 19,500 by 2043

Airbus has increased its 20-year forecast for new aircraft demand in the Asia-Pacific region, including key markets China and India, to 19,500 planes, representing 46% of the 42,430 new aircraft projected globally by 2043. The company also announced surpassing a 50% market share in the region’s widebody aircraft backlog for the first time.

  • Demand Drivers: Airbus increased its previous forecasts by 3%. Around 71% of new deliveries are anticipated to support fleet expansion.
  • Regional Growth: The Asia-Pacific region continues to lead global aviation growth, with China and India as key contributors to rising demand.
  • Widebody Success: Airbus has exceeded 50% market share in the region’s widebody backlog, overtaking Boeing in this segment.

Statement’s

  • “With this surge in demand, the region’s fleet will continue to expand, driven by both growth and replacement needs, with sustainability initiatives becoming more prevalent,” said Anand Stanley, president of Airbus Asia-Pacific speaking at the Association of Asia Pacific Airlines’ (AAPA) assembly of presidents in Brunei.

Source: Airbus

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UAE Based Emirates Takes Delivery of the First of 65 Ordered Airbus A350

Dubai, United Arab Emirates – Emirates has taken delivery of its first A350-900 aircraft, marking an important step in Emirates’ fleet growth strategy. It marks the long-standing partnership between Emirates and Airbus which is built on innovation, efficiency and operational excellence. The A350 is set to enhance Emirates’ medium and long-haul operations beyond the airline’s existing network.

Emirates has ordered a total of 65 A350-900s as part of the airline’s’ broader plans to support Dubai’s’ Economic Agenda, which aims to add 400 cities to Dubai’s foreign trade map over the next decade. The A350 will play a vital role in establishing the newly announced Dubai World Central (DWC) mega hub, further strengthening Dubai’s position as a global aviation leader.

Emirates A350-900 will feature three spacious and comfortable cabin classes, accommodating 312 passengers (32  business, 21 premium economy and 259 spacious economy class seats). Emirates will also be the first airline in the Middle-East to introduce Airbus’ new HBCplus satcom connectivity solution, offering seamless, high-speed global connectivity.

The A350 is the world’s most modern and efficient widebody aircraft and the long range leader in the 300-410 seater category. Its clean sheet design includes state-of-the-art technologies, aerodynamics, lightweight materials and latest generation engines that together deliver a 25% advantage in fuel burn, operating costs and CO₂ emissions. The A350’s Airspace cabin is the quietest of any twin-aisle in the sky featuring a 50% noise footprint reduction versus the previous generation aircraft.

As with all Airbus aircraft, the A350 aircraft is already able to operate with up to 50% Sustainable Aviation Fuel (SAF). Airbus is targeting to have its aircraft up to 100% SAF capable by 2030.

At the end of October 2024, the A350 Family had won more than 1,340 firm orders from 60 customers worldwide.

Source: Airbus
Photo Credit: Airbus

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World’s Largest ACMI Provider and Aviation Conglomerate, Avia Solutions Group, Reports Revenues up 25% to €2 Billion for 9 Months 2024

Dublin, Ireland – Dublin-based Avia Solutions Group, the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, which operates a 221 aircraft fleet in total, split between 183 passenger aircraft and 38 freighters, has announced its financial results for the three quarters of this 2024.

The Group’s revenues increased by 25% to €2,06 billion compared to the same period last year, while net profit also rose to €83,3 million from €70,8 million. The group’s EBITDA for the period stands at €406 million, an 29% increase compared to the same period last year.

Over the first 9 months of 2024, the main revenue-generating regions for Avia Solutions Group were Europe (55,1%) and Asia (27,9%). The Americas, Africa, Australia and Pacific Islands represented 11,8%, 2,7%, and 1,2% of revenues respectively.

Avia Solutions Group has an ongoing strategy of investing in bolstering its capacity to meet the continued strong demand from airlines globally for additional aircraft during their peak seasons. The Group completed the acquisition of Australian based Skytrans in the first half of 2024, bringing the total number of air operator certificates held by the Group to 11 and over the third quarter also established its first AOC in Thailand, Thai SmartLynx. The Group is planning to obtain further air operator certificates (AOCs) in Malaysia, Philippines and Brazil by the end of 2025.

Jonas Janukenas, CEO of Avia Solutions Group said: “Expanding into Southeast Asia and other counter cyclical markets represents a pivotal strategic direction for the group. These regions offer significant growth opportunities and enable us to optimize fleet utilization year-round. By leveraging the robust demand in these markets, particularly during Europe’s off-peak winter season, we can effectively balance seasonal variations, ensuring our aircraft remain active and profitable while supporting our global network and customer needs.”

According to Janukenas, the cargo market has proved challenging in 2024 due to overcapacity. However, the Group anticipates increasing activity in the cargo market in 2025.

To further the Group’s business development initiatives, Avia Solutions Group also successfully issued US$300 million of five-year senior unsecured bonds with a coupon of 9,75% in the first half of 2024.

Testament to investor confidence in the Group’s strategy is the increase of group equity capital by €300 million in 2024. This growth in group equity capital relates to US-based Certares Management LLC, a private equity investment firm which invested into Avia in 2021, electing to convert its preferred shares to ordinary shares.

In November, the Group placed its first direct order for 80 Boeing 737 MAX, split between 40 firm and 40 purchases rights. The deliveries will start in 2030.

Avia Solutions Group offers its services to customers including some of the largest airlines in the world. The group operates in 68 countries around the world and consists of 250+ companies providing a wide range of aviation services like aircraft maintenance and repair (MRO), pilot and crew training, ground handling, and more. The group’s team encompasses 14,000 highly qualified aviation professionals.

Source: Avia Solutions Group
Photo Credit: Avia Solutions Group

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Southeast Asian Carrier Welcomes First of 20 New Airbus Widebody Aircraft in November 2024

Malaysia Aviation Group (MAG), the parent company of national carrier Malaysia Airlines, welcomed the arrival of its first Airbus 330-900 (A330neo) aircraft, powered by Rolls-Royce Trent 7000 engines today as part of the Group’s fleet modernisation strategy.

The aircraft, bearing registration number 9M-MNG, departed from the Airbus Delivery Centre in Toulouse, France on 28 November 2024 at 8:52pm local time and safely arrived at its home base at KL International Airport (KUL) on 29 November 2024 at 4:52 pm local time. Prior to its arrival, the aircraft was escorted by a Royal Malaysian Air Force (RMAF) Sukhoi Su-30MKM fighter jet and performed a spectacular flypast, offering plane spotters an extraordinary sight. Upon arrival, the aircraft was greeted with a water salute.

The journey of flight MH5039 took a total flight time of 13 hours and was flown by Captain Khairul Syukri Khalid, Captain Azim Sham Che Din, Captain Zainuddin Hussein and Captain Najwan Reshan Nahdan Rengganathan.

In August 2022, MAG signed Memorandum of Understandings (MOU) with Airbus, Rolls-Royce and Avolon for the acquisition of 20 A330neo aircraft which are scheduled to be delivered through to 2028.

Source: Malaysia Aviation Group

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