Air India inks great deal with Airbus, Boeing; 2 lakh jobs in India
Air India has signed a joint venture agreement with Airbus and Boeing, leading to the creation of a new airline. The plan revives the “popular” Air India brand and includes plans to refurbish all. Its 115 planes over the next five years in a bid to improve its customer and employee satisfaction.
Air India has finalized a deal with Airbus and Boeing. Which will help in 2 lakh jobs in the country. The national carrier is also planning to invest $3 billion in the modernization of its fleet. The agreement was announced by Civil Aviation Minister Ashok Gajapathi Raju at a press conference on Tuesday. As per the MoU signed between Air India and Airbus and Boeing, about 1,500 Airbus SE aircraft will be supplied over 10 years. And another 787 Dreamliners from Boeing. It would be brought into service between 2022-2023 at a total cost of about $8 billion.
Air India on Monday signed a deal with two of the world’s largest aircraft manufacturers namely Airbus and Boeing for the purchase of 124 wide-bodied aircraft. The airline deal which has been linked with both companies was widely celebrated by Chief Minister of Madhya Pradesh Kamal Nath. Who is also the Union Minister of State (Independent Charge) for Civil Aviation. Air India on Thursday signed a deal with Airbus and Boeing, as it aims to strengthen. Its defense capability by inducting ex-US President Barack Obama’s former aide Mark Lander.
Air India inked a deal with Airbus and Boeing to lease 48 Airbus A320neos, its first long-term order for that type of aircraft. The deal is estimated to be worth around $2 billion. And it would lead to 2 lakh jobs for India, according to the Minister for Civil Aviation in India Ashok Gajapathi Raju.
Air India has signed a deal with Airbus and Boeing to enhance. Its fleet by acquiring up to 100 A320s, 40 A321s, and 35 B737 Max aircraft. The two deals are expected to lead to the indirect employment of 2 lakh employees in India within 12 months. The deal is expected to reduce Air India’s dependence on funds from the Indian government. Which finances around 30% of the carrier’s operations each year.”
Air India current news
Air India has inked a “definitive agreement” with Airbus and Boeing for an order of 180 A320neo family jets. Which will be delivered to the national carrier at a total value of USD 20 billion (approx).
Prime Minister Narendra Modi and his government have confirmed an order for 30 planes. Its with Airbus and 12 planes with Boeing, to be delivered between 2022 and 2031. The deal is worth 16.7 billion euros.
Air India inked a deal with Airbus SAS and Boeing Co on Tuesday for buying 100 narrow-body planes worth $18.6 billion to boost its long-haul fleet. The deal will allow Air India to expand its network across the world. And increase the potential threat of rivals such as IndiGo as well as Jet Airways.
Air India on Wednesday signed a deal with Airbus and Boeing to buy 100 planes worth $13 billion. Allowing it to carry nearly 3.5 times the number of passengers as was earlier planned. The airline also aims to increase its fleet capacity by a fifth over the next decade by buying 200 jets. This will be Air India’s largest pre-order commitment anywhere in the world, said Airbus.”
Air India’s new-generation widebody jets, 987 A330 and A350. It will be deployed for long-haul flights on sectors such as the US-Thailand route. And west coast stations in the US. Air India has inked a deal with Airbus and Boeing to acquire two new planes.
Air India profile
Air India and Airbus have entered into an exclusive partnership to co-develop, co-produce, manufacture. And market the A350 XWB (R) family of wide-body commercial aircraft. The entire range of A350 XWB (R), including the model to be developed along with the Boeing Dreamliner family, will be manufactured at Belagavi in Karnataka as India continues its quest to become a hub for manufacturing.
Air India, the national carrier of India, inked a deal with Airbus and Boeing for importing planes from them at cheaper rates. It is a big achievement for the Indian government. Which sees these deals boosting employment in India. Air India has signed a contract with Airbus and Boeing to buy three new narrow-body aircraft. The airline will use them for domestic routes, as well as to fly domestic and international routes.
The Indian government has signed an agreement with the consortium led by Airbus. And Boeing to acquire 68 aircraft. In a press release, the civil aviation ministry said “the deal will lead to job creation. And play an important role in continuing to improve connectivity within the country as well as abroad.”
Air India great deal with Airbus
Air India inked a deal with Airbus and Boeing to buy nearly 1,500 planes in the next five years, creating 2 lakh jobs. The two airlines are combining their efforts for aviation infrastructure expansion. And creation of wealth in India,” said Civil Aviation Minister Ashok Gajapathi Raju.
Air India today inked a Rs 20,000-crore deal with Airbus, Chief Executive Officer Ashwani Lohani announced during the inauguration of its new Aircraft Maintenance Hangar. The facility — spread over 2.5 lakh sq ft — is one of the largest such hangars in the world. And it will see an array of work on commercial aircraft like the A320, and A330. And some specialized work on its fleet of Boeing 777s. Two lakh jobs are expected to be generated from this facility in seven years.
The financial details of the acquisition still need to be worked out. But industry sources quoted by the Economic Times. He said that the total bill will be close to Rs.2000 crore. Its half being borne by the national carrier and the rest by the finance ministry. The Air India team, led by chairman Ashwani Lohani. It is also considering a tie-up with an American regional airline like Delta.