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Air India has option to buy additional 370 aircraft: Nipun Agarwal

 


• The first aircraft to arrive will be 25 brand-new Boeing B737-800s and six Airbus A350-900s in the second half of 2023, with deliveries through 2025 and beyond.

New Delhi: Air India has an option to buy an additional 370 aircraft as part of its deals with aircraft makers Airbus SE and Boeing Co, said Nipun Agarwal, the airline's chief commercial and transformation officer.

The total order now stands at 840 aircraft, with confirmed orders for 470 aircraft including 250 aircraft from Airbus and 220 aircraft from Boeing. A firm order indicates confirmation while an option does not indicate confirmation and thus, an airline may choose not to exercise the option.

"This order for 840 aircraft is the culmination of an exciting journey that began almost two years ago with the privatization process of Air India," Agarwal said in a LinkedIn post.

He said the order includes 470 firm aircraft to be bought from Airbus and Boeing over the next decade, 370 options and purchase rights.

"The Airbus firm's order includes 210 A-320/321 Neo/XLR and 40 A350-900/1000. The Boeing firm's order includes 190 737-MAX, 20 787 and 10 777," he said.

The first aircraft to arrive will be 25 brand-new Boeing B737-800s and six Airbus A350-900s in the second half of 2023, with deliveries scheduled for 2025 and beyond.

The A350 aircraft will be powered by Rolls-Royce engines, and the B777/787s will be powered by GE Aerospace's engines. All single-aisle aircraft will be powered by CFM International's engines.


"I would like to specially acknowledge the contribution of our core team including Yogesh Agarwal, Pranay Todi, Naman Jain and Jinesh Papdiwal, who have been instrumental in driving and executing this campaign," he added.

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