Tata-owned carrier; Air India (AI) welcomed its first Airbus A320neo painted in a new vibrant livery today (July 7, 2024).
Air India Order
Homegrown aerospace manufacturers are banking on the surge in orders from Indian airlines to secure more business from global giants like Airbus and Boeing.
Indian airlines, presently holding an order book for 1,618 planes, may increase their orders by approximately 380 more aircraft by March next year.
Air India (AI), owned by the Tata Group and currently undergoing a significant fleet expansion, is formulating new approaches to increase its market share in the air cargo industry.
Air India (AI), under the ownership of Tata, has reportedly amassed total losses of around ₹14,000 crore by the end of FY23, as per individuals familiar with the situation.
According to a statement from the Ministry of Civil Aviation (MoCA) on July 31, Air India (AI) and Interglobe Aviation, the operator of IndiGo (6E), have received approval from the Directorate General of Civil Aviation (DGCA) to import aircraft.
Tata-owned Air India (AI) has officially confirmed its order for 250 Airbus aircraft and selected Airbus maintenance and digital solutions to fuel the airline’s strategic transformation and expansion plans.