{"id":23192,"date":"2022-07-20T18:19:42","date_gmt":"2022-07-20T12:49:42","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=23192"},"modified":"2022-07-25T13:04:49","modified_gmt":"2022-07-25T07:34:49","slug":"farnborough-airshow-ignores-air-indias-50-billion-jet-order","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/07\/20\/farnborough-airshow-ignores-air-indias-50-billion-jet-order\/","title":{"rendered":"Farnborough Airshow Ignores Air India’s $50 Billion Jet Order"},"content":{"rendered":"\n

According to industry sources, Air India is nearing a decision on a $50 billion jet order that will be split between Airbus and Boeing under its new owners Tata Group.<\/strong><\/p>\n\n\n\n

\"Farnborough<\/figure>\n\n\n\n

However, the deal won’t be completed in time to enliven a comparatively subdued Farnborough Airshow.<\/strong><\/p>\n\n\n\n

The order is expected to include up to 300 narrowbodies and up to 70 wide-body aircraft, including Airbus A350s and Boeing 777s. Both aircraft manufacturers are making a “final push<\/em><\/strong>,” they said.<\/p>\n\n\n\n

Both manufacturers chose not to comment. An inquiry for comment was not immediately answered by the Tata Group.<\/strong><\/p>\n\n\n\n

Before this week’s airshow, Boeing CEO Dave Calhoun travelled to India in order to promote the revival of the 737 MAX. <\/strong>Additionally, both aircraft manufacturers are eager to close deals in the slumping wide-body market, according to two sources.<\/p>\n\n\n\n

Regarding the travel of its senior executives, Boeing declined to comment.<\/strong><\/p>\n\n\n\n

Prospects of an order at Farnborough were put on hold despite representatives from Airbus and Boeing visiting India last week in search of a combined purchase for 200\u2013300 narrowbodies and 30\u201370 wide-body jets.<\/p>\n\n\n\n

The transaction would be valued about $50 billion at list pricing, but after significant industry concessions, it would be more like $20\u201325 billion.<\/strong><\/p>\n\n\n\n

According to Airbus predictions released last week, the world’s air transport sector is expanding at the quickest rate in India.<\/em><\/strong> <\/p>\n\n\n\n

Over the next two decades, its domestic market is expected to expand by 6.6 percent annually on average, which is more than three times the U.S. average of 2.1 percent.<\/em><\/p>\n\n\n\n

\"Farnborough<\/figure>\n\n\n\n

However, the country’s attempt to significantly increase air travel has been hampered by inadequate infrastructure.<\/strong><\/p>\n\n\n\n

Also read:<\/p>\n\n\n\n

Airbus Vs Boeing over Air India Aircraft Deals | Exclusive<\/strong><\/a><\/p>\n\n\n\n

Malaysia Airlines finalise Airbus A330neos deal with Airbus<\/a><\/strong><\/p>\n\n\n\n

Join our telegram group for latest Aviation Updates:-<\/p>\n\n\n\n

https:\/\/t.me\/aviationa2z<\/a><\/p>\n\n\n\n

Stay tuned…<\/p>\n","protected":false},"excerpt":{"rendered":"

According to industry sources, Air India is nearing a decision on a $50 billion jet order that will be split between Airbus and Boeing under its new owners Tata Group.<\/p>\n","protected":false},"author":2,"featured_media":433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6761,1],"tags":[82,197,384,248,6451,6596,6597],"class_list":{"0":"post-23192","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-uncategorized","9":"tag-air-india","10":"tag-airbus","11":"tag-airbus-vs-boeing","12":"tag-boeing","13":"tag-farnborough-airshow","14":"tag-farnborough-international-airshow","15":"tag-farnborough-international-airshow-news"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/23192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=23192"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/23192\/revisions"}],"predecessor-version":[{"id":23194,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/23192\/revisions\/23194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/433"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=23192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=23192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=23192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}