According to a source close to the situation, Air India plans to expand its fleet by more than 200 jets over the next five years.
“There isn’t any more time. The airline needs to expand quickly. “It’s stepping on the gas,” the aforementioned source explained.
He also stated that narrowbody planes will account for 70% of the orders, while widebody planes would account for 30%.
“We’re in discussions with both Airbus and Boeing.”
“However, Boeing deliveries are behind schedule,” he remarked.
The airline is thought to be considering placing an order for the A350 wide-body planes from the European business.
If it happens, it will be the freshly privatised airline’s first aircraft order since 2006.
Scherer said he couldn’t comment on negotiations about plane orders with Air India/Tatas.
According to sources close to the situation, he and his team have been in talks with the Tatas for the past six months over Air India’s new aircraft orders.
According to the persons, N Chandrasekaran, chairman of the airline and the aviation-to-automobile business, has met with his staff at Airbus’ headquarters in Toulouse, France, and its important manufacturing location in Hamburg, Germany.
After a competitive bidding procedure in October of last year, the Tatas bought the loss-making, heavily indebted airline from the government.
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