While announcing the deal this February, AI had signed a letter of intent (LOI) for 400 single and 70 twin aisles of the airframe major that will start inducting its fleet in a few months.
It also gives AI options and purchase rights for another 370 aircraft, making it a potentially 840-plane deal.
The LOI was converted into a form order at the ongoing Paris Air Show on Tuesday Tata Group The airline has signed purchase agreements for 470 aircraft – 190 Boeing 737MAX, 140 Airbus A320neo and 70 Airbus A321neo (400 Narrow Body) and 34 A350-1000, 20 Boeing 787 Dreamliner, 10 Boeing 777X and six A350-900 (70 Wide Body). Signed.
Tata Sons and AI Speaker N Chandrasekaran Said: “This historic move positions Air India for long-term growth and success, we sincerely hope that it will come together to represent the best of modern aviation to the world.”
AI CEO and MD Campbell Wilson said: “As part of our ambitious fleet renewal and expansion programme, Air India will be operating the most advanced and fuel efficient aircraft across our route network within five years. We are proud to work with all our partners in this journey to rebuild a global airline that represents India in a more confident posture around the world.
Satair, an Airbus company, and Boeing Global Services Will support AI with a wide range of solutions including parts and maintenance provision, digital applications and modification services. The Airbus A350 will lead deliveries of the new aircraft later this year, with the majority of orders coming through mid-2025. Air India has already started taking delivery of 11 leased B777 and 25 A320 aircraft to accelerate its fleet and network expansion.
Christian Scherer, Airbus Chief Commercial Officer, said: “We are excited to be a key partner in the reimagining of the Flying Maharaja. Under the leadership of the Tata Group and the focus of the new management, this is one of the most ambitious projects in the airline business today We are proud that the efficiency, comfort and range capability offered by our latest generation aircraft will contribute to this process, as Air India reclaims its rightful position as a world-class premium carrier. Airbus Service Package A complete futuristic option that will become a key element of Air India’s transformation.
Stan Deal, President and CEO of Boeing Commercial Airplanes, said: “The fuel-efficient mix of next-generation airplanes, including the 737 Max, 787 Dreamliner and 777X, will sustainably power Air India’s future fleet in the world’s fastest growing commercial aviation market.” Will give strength from.”