Get ready for a surge in Indian aviation! Over the past 15 months, Indian airlines have placed a staggering order for over 1150 new aircraft, with purchasing rights potentially expanding this figure to a whopping 1590. This aggressive investment signals a major expansion phase for the Indian aviation industry, promising more flights, improved connectivity, and potentially lower fares for passengers. Buckle up and read on to explore the in deeper details of this aviation boom!
By Aditya M
The Indian aviation sector is experiencing a boom, and at the forefront is Indian Airlines. To cater to the growing demand for air travel, the airlines have been placing strategic aircraft orders in the last 15 months. Let's take a closer look at these recent acquisitions,
- Upon segregating the aircraft orders for deeper insights, it revealed majority share of the orders is bagged by Airbus with 68% share while leaving its American rival with only 32% share.
- In these orders for no surprise majority portion of the orders were Narrow bodies with Air India Group bagging 400 (210 Airbus & 190 Boeing), Indigo bagging 500 Airbus aircraft and Akasa bagging 150 Boeing jets. On other hand Wide body aircrafts constitute up to 100 aircrafts with Air India having 70 jets (40 Airbus & 30 Boeing), while Indigo having 30 Airbus wide bodied jets.
- There is slight juggling with the Engine Manufacturer breakdown since Indigo still in the verge of finalising whether to go for Pratt & Whitney or CFM Leap 1A for its massive 500 aircraft order.
- While for the rest of 650 Aircraft orders breakdown is as follows with CFM bagging huge 85% share for Air India and Akasa's narrow body jets, Rolls Royce bagging 11% share of Air India & Indigo's A350's and GE bagging 5% share for Air India's B777's & B787's.
The recent aircraft orders by Indian airlines paint a picture of an industry poised for significant growth. With a potential 1590 new planes gracing Indian skies, passengers can expect increased connectivity, potentially lower fares, and a more modern flying experience. This expansion not only benefits travelers but also creates jobs, boosts tourism, and strengthens India's position as a global aviation hub. While challenges like infrastructure development and pilot training exist, the future of Indian aviation appears bright and ready for takeoff. Stay tuned as we follow the delivery of these new aircraft and witness the transformation of the Indian aviation landscape!
Data Source: Air India, Indigo & Akasa
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