Page 23 - AAA JANUARY-MARCH 2021 Online Magazine
P. 23

Young Fleet
        The combined fleet of AI and AIXL stood at 146
        aircraft as of November 1, 2019, comprised of
        78 Airbus and 68 Boeing aircraft. The average
        aircraft age of the combined airline is eight
        years, while AI’s 27 B-787s have an average
        age of approximately five years. Its fleet of 27
        A320 Neos which are powered by CFM LEAP
        engines, have an average age of about two
        years. 56% of the total aircraft fleet (including
        finance lease) are owned and said to have been
        purchased on attractive terms. AI’s aircraft fleet
        is comprised of 121 aircraft mainly A-319s (19 +
        3 on lease), A320s (5 + 31 on lease), 20 A-321s,
        3  B777-200  LRs,  15  B777-300ERs  and  27
        B-787s. 65 of these aircraft are owned by AI
        or on finance lease/bridge loans, while 21 are
        on sale and lease back and the balance 35 are
        on operating lease.
                                                     nificantly improved the cabin ambience and passenger comfort /
                                                     convenience. The refurbishment program resulted in a reduction
        Out of AI’s 27 B787-8s, the Sale and Lease   of the empty weight of the aircraft by approximately 800 kg due
        Back transaction for 21 aircraft was completed   to the lighter weight of the new seats.
        in 2016-17.AI also has four B747-400 aircraft
        which are due for retirement. The carrier took
        delivery  of  its  first  B777-300ER  aircraft  in   Large Network
        October 2007 as part of a December 2005      Originally founded by the Tata Group almost 90 years ago, AI was
        order for of 68 Boeing jetliners. 12 aircraft were   amongst the pioneering Asian international carriers and was the
        delivered by July 2010 and the 15th and last   first scheduled airline in India. AI has been a Star Alliance member
        B777-300ER was delivered to AI in March 2018.  since July 2014. Air India’s direct long distance connections to the
        The 13th and 14th B777-300ERs are exclusively   USA and Australia have continued to thrive and it has restructured
        reserved for VVIP Government travel or Special   some of its routes to offer non-stop services such as Delhi - Toronto
        Extra Section Flights (SESF) and funded by the   (DEL - YYZ), Bombay - Kuwait (BOM - KWI), Delhi - Doha (DEL
        Government.                                  - DOH), Delhi - Seoul (DEL - ICN) and Bombay - Nairobi (BOM -
                                                     NBO) flights.

        Air India Express                            AI along with AIXL has significant international and domestic oper-
        AIXL is AI’s low-cost carrier headquartered   ations and as of Q2 FY20 had a share of approximately 50.64%
        in Kochi and is operated by Air India Express   in international traffic to/from India amongst Indian carriers and
        Limited (formerly known as Air India Charters   approximately18.4% share including global airlines. As of November
        Limited), a wholly owned subsidiary of AI. AIXL   1, 2019, AI covered 56 domestic destinations with around 2,712
        primarily provides air transportation services   departures per week and 42 international destinations with around
        between  India  and  destinations  in  Middle   450 departures per week. During FY 2019, AI carried around 22.1
        East and South East Asia and has performed   million passengers.
        extremely well, in addition to being rated as one
        of the most economical airlines in the world.
        AIXL’s fleet comprises of 25 Boeing 737- 800
        NG aircraft. The 24th and 25th B737-800NGs
        joined  the  fleet  in  September  and  October
        2018. 10 of these aircraft are fully owned by
        AIXL while seven are on finance lease and eight
        on dry lease. Prior to the pandemic, AIXL oper-
        ated to 627 international departures per week
        connecting 13 international destinations and 20
        domestic stations in India and aircraft utilisation
        stood at 13.3 hours/ day.

        AIXL completed a cabin refurbishment program
        involving change of seats, carpets and curtains
        on 17 aircraft owned by it in 2018-19, which sig-


         ASIAN AIRLINES & AEROSPACE                                                              January/March | 23
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