Paris air show: India centre stage as another big jet deal lands

Air India's deal includes 250 planes from Airbus and 220 from Boeing. The Airbus part comprises 210 A320neo and A321neo narrowbody jets and 40 A350 widebodies. Boeing's deal is for 190 narrowbody 737 MAXs, plus 20 787 Dreamliner and 10 777X widebodies.

The buying spree by Indian airlines adds to signs of strong global demand for civilian aircraft as travel rebounds from the pandemic and airlines look to reduce their environmental impact with more fuel-efficient new models.Visitors attend the International Paris Air Show at the Paris-Le Bourget Airport, France June 19, 2023. LUDOVIC MARIN/Pool via REUTERS /File Photosaid on Tuesday the market for long-haul widebodies was also coming back strongly.

Lars Wagner, CEO of MTU Aero Engines, said on Tuesday labour shortages and problems with the production of castings were the biggest strains in the engine supply chain.Air India, with its maharajah mascot, was once known for its lavishly decorated planes and stellar service, but its reputation declined in the mid-2000s as financial troubles mounted.

The mega-order will also put Air India on a stronger footing to compete with budget rival IndiGo, which has a majority share of the Indian market and a strong position in regional flights.

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airbus wins record order for 500 jets from India's IndiGo at Paris Air ShowIndia's IndiGo airline is buying 500 passenger jets from European planemaker Airbus, the two companies said Monday, in a record-setting order that...
Source: MarketWatch - 🏆 3. / 97 Read more »

Paris air show takes off with biggest ever plane orderAirbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Airshow on Monday, as strong demand for jets and missiles vied for attention with the industry's supply chain problems.
Source: Reuters - 🏆 2. / 97 Read more »

Paris air show takes off with historic plane orderAirbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Airshow on Monday, as strong demand for jets and air defences vied for attention with the industry's supply chain problems.
Source: Reuters - 🏆 2. / 97 Read more »

Paris air show takes off with historic plane order By Reuters*PARIS AIR SHOW TAKES OFF WITH AIRBUS ANNOUNCING BIGGEST EVER PLANE ORDER *AIRBUS SIGNS 500-PLANE DEAL WITH INDIAN AIRLINE INDIGO
Source: Investingcom - 🏆 450. / 53 Read more »

Paris air show returns with jets and missiles in demandThe Paris Airshow opened on Monday with last-minute jet order negotiations and supply chain headaches competing for attention with rows of missiles, drones and futuristic transport.
Source: Reuters - 🏆 2. / 97 Read more »

Paris air show takes off with record 500-plane Airbus dealAirbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Airshow on Monday, as strong demand for jets and missiles vied for attention with the industry's supply chain problems.
Source: Reuters - 🏆 2. / 97 Read more »