Tata’s Air India is reportedly planning to buy 500 new aircraft and invest $100 billion in new aircraft.
It has been exactly one year since Tata took over Air India from the Indian state-owned company that Air India is said to be heading towards profitability in this one year. It is noted that many passengers choose to travel with Air India due to its excellent service and excellent customer care.
In this situation, Air India has already announced that it is going to buy 500 new planes and now there are reports that it is going to make a new investment of 100 billion dollars.
It has been reported that Tata’s Air India has placed an order for 250 air buses and 210 Boeing aircraft. It also plans to buy A320neos and A350s, as well as 190 737 MAX jets, 20 787 widebodies and 220 Boeing 7710s.
A recent agreement between Airbus and Air India was reportedly signed yesterday. It is also reported that Air India signed an agreement with Boeing on January 27.
Air India is said to have an opportunity to increase its clientele as it is currently importing world-class aircraft into India. It is said that Air India has placed almost identical orders with both Airbus and its rival Boeing, and an official announcement on this could be made next week.
It is noteworthy that the number of aircraft has increased by 27 percent in the one year period since Tata took over Air India and now Air India has 100 aircraft. It is noteworthy that Air India will have nearly 600 aircraft in a few years as it is said that the 500 aircraft currently ordered will be delivered gradually.