Air India Aircraft Purchase

[Winemaker]

Air India is purchasing $100 billion dollars worth of aircraft. According to the New York Time, Tata Group will be buying 470 airplanes. Link below, but pay walled.

An Indian airline has ordered a record 470 planes, worth more than $100 billion at list prices, from Boeing and Airbus, in a sign of the scale of the post-pandemic rebound in the aviation industry and the growing market in India.

The deals, struck by Air India, are part of an ambitious overhaul by the Tata Group, the powerhouse conglomerate that took control of the carrier about a year ago. It is planning to buy 220 jets from Boeing and 250 from Airbus, and is expected to pay less than list price, as is typical in such transactions.

https://www.nytimes.com/2023/02/15/b...us-boeing.html

[ethicalconundrum]

Air India is going big, big, big. Largest fleet order from a single buyer. This is a massive expansion for the Tata Group into aviation. Air India was govt owned monopoly that fell out of favor with typical govt run inefficiency. It was divested in 2021 and the Tata Group bought, or took controlling interest. Apparently they see a huge upside to global routes and competing with ME airlines on a competitive cost basis. Buying 470 aircraft, and 900 pilots over the next 3 years. Planes split between Boeing and Airbus.

https://www.reuters.com/business/aer...ln-2023-02-27/
No paywall. Global aviation is a tough nut to crack, but Tata has been successful at many other ventures. Go big or go home, I guess they are going big.

[WhatShortage]

Originally Posted by ethicalconundrum

Air India is going big, big, big. Largest fleet order from a single buyer. This is a massive expansion for the Tata Group into aviation. Air India was govt owned monopoly that fell out of favor with typical govt run inefficiency. It was divested in 2021 and the Tata Group bought, or took controlling interest. Apparently they see a huge upside to global routes and competing with ME airlines on a competitive cost basis. Buying 470 aircraft, and 900 pilots over the next 3 years. Planes split between Boeing and Airbus.

https://www.reuters.com/business/aer...ln-2023-02-27/
No paywall. Global aviation is a tough nut to crack, but Tata has been successful at many other ventures. Go big or go home, I guess they are going big.

900 pilots for 470 aircraft? Makes sense. I guess they'll do the good old part time, 12 hours working 12 hours at home 365 days a year.

[DaveReidUK]

Originally Posted by WhatShortage

900 pilots for 470 aircraft?

Badly written article.

Buying 470 aircraft, and 900 pilots over the next 3 years

actually means 900 pilots over the next 3 years, with the 470 aircraft to be delivered over the next decade.

[Saab Dastard]

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