Air India signs purchase agreements at Paris Air Show, orders 470 Airbus and Boeing aircraft

Air India, a Tata Group-owned global airline, today signed purchase agreements to acquire 470 aircraft from Airbus and Boeing, going one step further in its $70 billion (based on list prices) fleet expansion programme it announced in February this year. The purchase agreements were signed on the sidelines of the ongoing Paris Air Show.  "This landmark step further positions Air India for long-term growth and success that, we have every hope, will come together to represent the best of modern aviation to the world," said N. Chandrasekaran, Chairman of Tata Sons and Air India. 

Satair, an Airbus company, and Boeing Global Services will support Air India with a broad range of solutions, including parts and maintenance provisioning, digital applications, and modification services. "The Airbus A350 will lead the deliveries of the new aircraft later this year, with the bulk of the order to arrive from mid-2025 onwards," Air India mentioned in their release.  

"Our ambitious fleet renewal and expansion programme will see Air India operate the most advanced and fuel-efficient aircraft across our route network within five years. We are proud to be working with all our partners in this journey to rebuild a global airline, which reflects India taking a more confident posture around the world," said Campbell Wilson, CEO & MD, Air India.

Air India has already started taking delivery of 11 leased B777 and 25 A320 aircraft to accelerate its fleet and network expansion.

"The fuel-efficient mix of next-generation airplanes, including 737 MAX, 787 Dreamliner and 777X will sustainably power Air India’s future fleet in the world’s fastest-growing commercial aviation market," said Stan Deal, President and CEO of Boeing Commercial Airplanes. 

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