Air India airline is undergoing a spectacular transformation journey. With some changes and new beginnings, the airline is doing all things massive and revolutionary to enhance its services and advance its fleet strategy. The Tata group-owned airline made a remarkable accomplishment recently by completing the acquisition of the A350-900 aircraft. On Friday, Air India finalised the acquisition. Here’s all you need to know about this incredible achievement.
A New Golden Feather To Air India’s Cap!
The airline completed the entire process to achieve something so significant this Friday. A finance lease transaction was conducted with HSBC for acquisition, according to a report by the Financial Express. With this crucial transaction, Air India stepped forward with the launch of its maiden wide-body aircraft. Along with this introduction, the airline also played a major role in India’s first International Financial Services Centre.
Air India issued a statement sharing that it is the first scheduled carrier in India that made the acquisition of an aircraft from an entity registered in Gujarat International Finance Tec-City, according to a report by Hindustan Times.
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Air India is working on different platforms and areas for its splendid transformation. One of its major plans includes introducing the first A350-900 aircraft in India in 2023. And like most of the plans, the airline is ticking off on everything. The Tata-owned airline recently made the announcement of the complete acquisition of the Airbus A350-900 aircraft.
Let’s Take A Look At The Airline’s Acquisition Portfolio
It has an impressive portfolio when it comes to aircraft. Along with India’s first A350-900 aircraft, the airline’s portfolio includes many planes and many upcoming aircraft are set to join the fleet in the next few months. 5 A350-900 aircraft will be delivered in March 2024. There is a total of 6 orders for Airbus A350-900 aircraft. There is a firm order of 470 planes. This major order comprises of
- 140 A320 neos
- 70 A321 neos
- 34 A350-1000s
- 190 Boeing 737MAXs
- 10 Boeing 777Xs
- 20 Boeing 787 Dreamliners
Another significant plan on the cards is Vistara merging with Air India soon. Also, AIX Connect is set to integrate with Air India Express.
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The expanding fleet of Air India has 116 aircraft at the present moment. It has 14 A319s, 36 A320 neos, 13 A321 ceos, and 4 A321 neos, 8 B777-200LRs, 14 B777-300s, 27 B787-8s, and 49 wide-body aircraft.
Have you taken an Air India flight before?
Cover Image Courtesy: Wikimedia Commons