Tata May Soon Announce Biggest Aircraft Deal for Air India

Team Parvasi – Inside

Tata group is reportedly closing a deal in the next few weeks to add new and some of the most advanced commercial jetliners to the Air India fleet. If it goes through, this would be the largest aviation deal in history. The report states that Tata is finalizing its negotiations with both Boeing and Airbus.

Tata group acquired Air India airlines from the government for Rs. 18,000 crores in October of 2021. Since then, the size of its fleet has increased by 27 percent with 100 aircrafts. Now, according to a new report by NDTV, the airline is expected to add several more new and advanced jetliners from Boing and Airbus.

The deal, which is said to be worth billions of dollars, may include a combination of ultra-long haul jetliners such as the Airbus A-350, large-capacity aircraft such as the Boeing 777X, as well as additional variants of the Boeing 787 Dreamliner and variants of the Airbus A-320 NEO series. It could also include variants of the Boeing 737 Max jetliner.

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While the company has not shared any details about this reported deal, it did say that it will be investing $400 million to refurbish the interiors of its wide-body fleet. According to the airline, these will include the “latest generation seats and best-in-class inflight entertainment systems.”

Since the company was acquired by Tata, the average daily flights have increased by 30 percent. Weekly international flights have also increased by 63 percent. Not just increased flights, 16 new international routes have either been added or announced to be added later. As per the airline, it is now making double the average daily revenue.

It should be noted that Air India or Tata has not disclosed any information about the reported deal so take this piece of information with a pinch of salt.

Vineet Washington

NEWS

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