Indian Carriers Provide Airbus and Boeing Reasons to be Happy

Our Bureau - : Jun 21, 2023 - : 1:58 am

After the record-breaking 500-A320 Family aircraft order from IndiGo on the opening day of the Paris Air Show, it was Air India's turn to hog the headlines on the second day. The carrier on Tuesday finalised a huge order for...

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After the record-breaking 500-A320 Family aircraft order from IndiGo on the opening day of the Paris Air Show, it was Air India's turn to hog the headlines on the second day.

The carrier on Tuesday finalised a huge order for 470 planes from Airbus and Boeing. According to Air India, the order is worth $70 billion at list prices, The carrier will buy 250 planes, including 210 A320neo and A321neo narrowbody jets as well as 40 A350 widebodies from Airbus,. Boeing will deliver 190 737 MAXs, 20 787 Dreamliner and 10 777X aircraft.

"Our ambitious fleet renewal and expansion programme will see Air India operate the most advanced and fuel-efficient aircraft across our route network within five years," Air India Chief Executive Campbell Wilson said in a statement.

Boeing's Deals: International aircraft leasing company Avolon on Tuesday announced an order for 40 737 MAX airplanes at the Show. The order was previously unidentified on the plane maker's Orders & Deliveries website.

"Today's announcement reaffirms our long-standing partnership with Boeing and our support for their 737 MAX program. We are confident in the long-term demand from our customers for the 737 MAX, and this order extends our delivery pipeline out to 2030," said Andy Cronin, CEO, Avolon.

Also on Tuesday, China Airlines finalized an order for eight 787-9 Dreamliner aircraft. The firm order, which was previously posted to the company's Orders and Deliveries website as unidentified, follows the airline's first-ever order for 16 787-9s announced last year.

The airline has converted six 787-9s to the 787-10, the largest member of the 787 family. With the order, the carrier will introduce 24 787s over the next several years.

Menawhile, Air Algérie confirmed an order for eight 737-9 jets. The Algerian flag carrier also signed a Memorandum of Understanding (MoU) for two 737-800 Boeing Converted Freighters (BCF) to meet increasing cargo demand in the region.

"This order will contribute to the development of the Air Algérie fleet," said Yacine Benslimane, general manager of Air Algérie. "This acquisition is part of Air Algérie's fleet extension strategy through the purchase of new aircraft."

Air Algérie operates a single-aisle fleet of more than 30 737-500, 737-600 and 737-800 jets. Adding the 737-9 allows the airline to carry more passengers, increasing profitability within its network.

Airbus Maintains Momentum: Airbus disclosed on Tuesday that Australia’s Qantas Group had finalised an incremental order for nine A220-300s, bringing its total backlog for the single aisle type to 29 aircraft. The A220 was originally selected by Qantas as part of a major fleet replacement programme announced in May last year. The order also included orders for the A321XLR and A350-1000.

Philippine Airlines has finalized a purchase agreement with Airbus for the firm order of nine A350-1000 long range aircraft, with the two companies signing an agreement on Day 2. The aircraft has been selected under the Philippine carrier’s Ultra Long Haul Fleet project and will fly on non-stop services from Manila to North America, including to the East Coast of the US and Canada.

Mexican ultra-low-cost airline and all-Airbus operator Volaris has disclosed 25 A321neo from a purchase agreement signed in October last year. The aircraft bring Volaris total backlog to 143 A320neo Family aircraft.,