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Air India considers major aircraft purchase amid turnaround efforts

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Air India considers major aircraft purchase amid turnaround efforts
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Campbell Wilson CEO of Air India | Air India

Air India might be considering a major aircraft order as part of its ongoing turnaround initiative. Sources indicate that the carrier is contemplating a widebody aircraft order split between European manufacturer Airbus and American counterpart Boeing.

While Air India refused to address the speculation, this potential order could play a significant role in revitalizing the carrier. Once celebrated for its world-class service, Air India's reputation, operations, and financial performance have deteriorated over past decades. Now under new ownership by Tata Group, there is an renewed focus on making Air India competitive again.

Sources claim that Air India is currently in talks with Airbus and Boeing for a substantial widebody aircraft order, according to Reuters. This long-haul aircraft order would be divided between the two suppliers and could involve between 30-40 jets or potentially even more than 50.

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Air India is reportedly interested in purchasing Airbus A350 and Boeing 777X aircraft though details have not yet been finalized. The source who requested anonymity said that clearer information might emerge near the Paris Air Show scheduled for June. Air India did not confirm or deny these reports but chose not to comment on speculative orders.

In February of last year, Air India placed another massive order with both Airbus and Boeing involving orders for470 new jets many of which were next- generation narrowbody aircraft From previous deals already hasordersfor50AirbusA35s10Boeing7779sand20Boeing787DreamlinersThisneworderwilladdtotherobustlistofnewlonghaulaircraft

Related: On March12ththefirstofAirIndias27A320neostoberetrofittedwiththeirnewinteriorsenteredserviceTherefurbishmentincludesitsnewVistaliveryontheaircraftregisteredasVTEXNThesecondretrofittedA320neowilltakeapproximatelyanothermonthorlesstoenterserviceThisisnottheveryfirsttoreceivethenewinteriorsasotheraircrafthavealreadybeenflyingforover4monthswiththenewinteriorsHoweverthosedonotbearthenewliveryonlytheinteriorsthecarrierstatesthattheretrofitschedulewillalsoseemorelegacyaircraftincluding40widebodyandaircraftundergoemakeoverswiththefirstflyingoutforretrofitnextmonthWhatdoyouthinkaboutAirIndiasnewcabinsliveryAreyouexcitedfortheirfirstretrofittedShareyourthoughtsinthecomments

All these orders come at a time when AIrIndiais tryingto turn itself around In recent years it has gained notorietyfor poor serviceand punctuality Due toit sdeteriorating productsand servicesAIrIndiah asbeenlosingpassengerstobothdomesticandinternationalrivalsInternationaltraveldemandfromIndiais surgingbutrivalslikeEmirateshavebeencapitalizingontrendatAIrIndiasexpenseMeanwhiledomesticallyrivalIndiGohasbroughtfiercecompetitiontoIndiasairlinemarketsThelowcostcarrierhasambitiousgrowthplansandrecentlytakenboldstepintointernationalmarketsfromcountryWithIndiasaviationmarketonlygettingmorecompetitiveAIrIndiahasa toughroadaheadittoreturnprofitabilitysuccessAs partofAIrIndiasturnaroundplanlaunchedseveralinitiativesredefineitselfsuchcompetitiveindustryannouncedmodernliveryreplaceagingappearancebegunrefittingexistingfleetcabinfactfirstA320neoreceivenewcabinentredcommercialserviceNewcabinconfiguredthreeclasslayoutEightbusinessclassreclinerslocatedfrontfollowedextra legroomseatspremiumeconomycabinBehindtheseats equippedstandard economySeatsWhilealongwaygoaimsmodernizecustomerexperience

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