Air India finalises deal with Airbus for buying around 250 planes

Mumbai: Air India has finalised an order for around 250 aircrafts with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source said that the deal with Airbus for around 250 planes has been finalised and the announcement is likely next week. The deal is likely to include 40 wide-body Airbus A350s and Air India will be the first Indian carrier to operate the aircraft. In the past, Air India had operated wide-body A330s.

Air India signed a deal with Boeing for around 200 planes

The source also said the airline has signed a deal with Boeing for about 200 planes. Specific details could not be immediately ascertained and there were no immediate comments from Air India about the deals.

The Tata group-owned Air India is expanding its operations as well as fleet. On January 27, Air India chief Campbell Wilson said the airline is finalising a historic order of new aircraft.

On Wednesday, aviation consultancy CAPA said that Indian carriers are likely to place orders for up to 1,700 planes by 2024 and Air India may make the first move with some 500 planes order. Currently, Indian carriers operate less than 50 wide-body aircraft, an insignificant number for such a significant market. In contrast, Emirates alone has a fleet of over 260 wide-bodies, CAPA had said.

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