The record plane deal ability to affect the game
The record purchase of 470 aircraft by Air India from Airbus and Boeing comes as the airline strives to establish itself as “a world-class offering,” in the words of N Chandrasekaran, chairman of the Tata Group, which owns the airline.
These orders, which surpass the 460-plane contract made by American Airlines in 2011, would modernise Air India’s fleet and enable it to “dramatically” extend its network, according to Mr. Chandrasekaran.
The ailing national carrier, which Tatas purchased almost two years ago, has decommissioned the majority of its older planes and started a five-year plan to update its ageing fleet. At the conclusion of this year, the first new aircraft will enter service.
According to experts, the scale of this new order shows Air India’s determination to retake the lead in India’s competitive aviation sector and gain a competitive advantage to serve the rest of the world.
The renowned Maharajah goes home, says Air India
According to aviation analyst Mark Martin, “These purchases directly synergize Air India’s fleet with Lufthansa and Singapore Airlines — all members of Star Alliance, the world’s largest global airline alliance.
Consumer complaints about Air India’s poorly.