Air India has reached the conclusion of the first phase of its comprehensive five-year transformation plan, Vihaan.AI. A Sanskrit word, Vihaan.AI signifies the dawn of a new era. It has a detailed roadmap for Air India with clear milestones focusing…
March 2023 - Sarin & Co.
Air India is to use a combination of cash flows, likely induction of funds from the shareholders, and exploring other options such as sale and lease back to finance its order for 470 aircraft which has a book value of $70…
Airbus is unwilling to say how many, if any, aircraft Air India has taken on option, as part of its bumper order for 210 A320neo family and forty A350s that were announced on Tuesday. The airline’s Chief Commercial and Transformation Officer,…
Breaking down the Air India Order
UPDATED – Air India has signed Letters of Intent with Boeing and Airbus to acquire 470 aircraft, including 400 narrowbodies and 70 widebody aircraft from the two global manufacturers. This is the largest aircraft order placed by an Indian carrier. The order…