Air India has enormous potential: CEO

New Delhi: Air India (AI) has enormous potential and efforts are being made to make the group a significant international player, its CEO Campbell Wilson said on Monday. Addressing the media virtually, Wilson further said the process of integration of Vistara with Air India is underway and is now awaiting approval from the Competition Commission of India (CCI). The integration of Air India Express and AIX Connect, earlier known as AirAsia India, is also underway.

Funding will come from various sources: Wilson

AI has enormous potential and unprecedented opportunities. The group is working on becoming a significant international player, he said.
On February 14, AI announced placing an order for 470 planes, including 70 wide-body aircrafts. Wilson said that the funding would be through a combination of various sources.

AI placed order for 470 planes with Airbus & Boeing

Air India has placed an order for 470 planes with Airbus and Boeing, and there is also an option to acquire another 370 aircraft. Out of the firm order for 470 planes, 250 are from Airbus and 220 from Boeing. "We don't have a timeline will evaluate the market," Wilson said with respect to exercising the option to purchase another 370 planes.

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