Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Tata-owned Air India all set to add Airbus A350 to its fleet

16 Jun 2022 , 10:09 AM

Air India Ltd. is polling pilots to see if they want to be trained to fly Airbus SE A350 jets, signaling that the company plans to operate the model as part of its widebody fleet renewal under new owner Tata Group.

By the first quarter of 2023, the airline might be flying the A350. Pilots must react by June 20 to the offer, and those who accept will be ineligible for two years of training on another aircraft type.

 Air India plans to acquire roughly 20 A350s. One alternative is to take on planes that were originally slated for Russian carrier Aeroflot but that Airbus can no longer deliver due to sanctions, as well as planes that Qatar Airways isn’t taking because of a paint quality issue with the manufacturer.

The airline, which was formerly famed for its premium services and commercials featuring Bollywood stars, still has lucrative landing slots at most major airports, but it is up against foreign airlines that fly nonstop to India and carriers that fly through Middle Eastern hubs. Tata, currently owns four airline brands, including Singapore Airlines Ltd. and AirAsia Group Bhd. affiliates are largely expected to merge the companies. Air India has already received antitrust approval to acquire AirAsia India.

According to its website, Air India currently owns 153 planes. They include 49 Boeing widebodies and 79 Airbus narrowbodies, as well as 25 Boeing 737s at Air India Express’s low-cost affiliate.

Related Tags

  • Air India
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2024, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp