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HomeCURRENT AFFAIRSBUSINESSIndia's Air India to buy 250 Airbus aircraft in historic $100bn deal,...

India’s Air India to buy 250 Airbus aircraft in historic $100bn deal, signaling country’s growing demand in the aviation industry

Air India: The Tata group has made history by buying 250 aircraft from Airbus, the largest aviation deal in the world. The deal includes 40 A350 wide-body long-range aircraft and 210 narrow-body ones, likely for Air India. Airbus CEO Guillaume Faury called the deal a milestone in Air India’s revival in a conference with Indian Prime Minister Narendra Modi, Ratan Tata, French President Emmanuel Macron, and other leaders. The deal, which is expected to cost over $100 billion, is part of Air India’s massive order for 470 planes, which may also include 220 planes from Boeing.

Details about Airbus’ A350 and narrow-body aircraft

Macron called the deal a milestone in India-France relations, while PM Modi predicted that India will become the third-largest player in the aviation industry, adding that India would need 2,500 aircraft in the next 15 years. The A350 family includes two versions: the A350-900 and the A350-1000. According to Airbus, the A350 family is efficient on any sector, with a range of up to 17,000 km, and can carry 300 to 410 passengers in a typical three-class configuration and up to 480 passengers in a single-class layout.

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Air India to refurbish its interiors and livery

Airbus’ narrow-body aircraft include the A320 and A220 families of planes, which are already used by several Indian airlines. Air India is expected to modernize its livery, having committed $400 million to revamping the interiors of its entire wide-body fleet with “latest generation seats and best-in-class inflight entertainment systems” last month.

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