20 June, 2023

Second big order from Air India announced that Paris Air Show....up to 290 Boeing jets...

Air India has confirmed its second large order at The Paris Air Show, by finalising a deal with Boeing' for up to 290 jets.

Boeing and Air India held a signing ceremony at the air show on Tuesday cementing the deal, which includes 190 737 MAXs, 20 787 Dreamliners and 10 777X jets plus options for 50 more  737 MAXs and 20 more 787 Dreamliners.  

A comprehensive set of aviation services will also enable Air India to sustainably expand its operations in South Asia's rapidly growing aviation market. Over the next 20 years, South Asia is expected to more than triple its in-service fleet from 700 to 2,300 aeroplanes to meet passenger demand.

Airbus expects India will need 2,210 new aircraft over the next 20 years while Boeing believes the nation will need more aircraft than that and the recent orders by IndiGo and Air India would certainly seem to indicate the demand is great. Whilst confidence is great, there are one of two in the aviation world that are predicting a less-than-rosy future. Potential trouble could include another pandemic, changes in Indian regulation that would require new aircraft to be built wholly in the country, and corruption.