By 2025, India hopes to expand its defence manufacturing beyond $25 billion
NEW DELHI: The Prime Minister, Narendra Modi laid the foundation stone of the C-295 Aircraft Manufacturing Facility in Vadodara, Gujarat today. He also visited an exhibition showcasing technological and manufacturing strides in the aerospace industry under Aatmanirbhar Bharat. Addressing the gathering, the Prime Minister said that today we have taken a big step in the […]
Commercial aircraft services market to double in value by 2041
NEW DELHI: Airbus expects the services market to recover to pre pandemic levels in 2023 and to double in value over the next 20 years – from $95bn today to over $230bn in 2041, according to its latest Global Services Forecast (GSF). As a result, the number of people working in aviation services, keeping the […]
Jet Airways in ‘advanced discussions’ with Boeing, Airbus for buying aircraft
NEW DELHI: Jet Airways, which is preparing to relaunch operations next year, on Friday said it is in “advanced discussions” with Boeing and Airbus for buying and leasing planes. The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process. The ongoing discussions are part of the grounded airline’s revival […]
Airbus gets Rs 22,000 crore contract form Defence Ministry for 56 C-295 transport aircraft
NEW DELHI: India has formalised the acquisition of 56 Airbus C295 aircraft to replace the Indian Air Force (IAF) legacy AVRO fleet as India’s Defence Ministry inked a nearly Rs 22,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian […]
Airbus September 2020 commercial aircraft orders and deliveries
NEW DELHI: Airbus said that it has delivered 57 commercial aircraft in September 2020 (14 in April, 24 in May, 36 in June, 49 in July and 39 in August) versus 71 aircraft over the same period in 2019. Year to date, Airbus has delivered a total of 341 aircraft (18 A220s, 282 A320 Family, […]
Airbus Corporate Jets launches ACJ TwoTwenty business jet
NEW DELHI: Airbus Corporate Jets has launched the ACJ TwoTwenty business jet, creating a whole new market segment “The Xtra Large Bizjet. ”This offer includes for the first time a flexible cabin catalogue, addressing the requirements of the heavy and long-range business jet categories. “We are proud to extend the ACJ product Family with the […]
Vistara receives its first A321neo aircraft with flat-bed business class
NEW DELHI: Vistara, a joint venture between TATA group and Singapore Airlines Limited (SIA), took delivery of its first Airbus A321neo aircraft in New Delhi today. The aircraft, arriving from Airbus’ final assembly lines in Hamburg, Germany, features India’s most advanced aircraft cabin in the sky with fully flat beds in business class. Overall, Vistara’s […]
Government approves Rs 107 crore for fire-fighting facilities at Haldia Dock
NEW DELHI: The government of India on Tuesday said it has approved Rs 107 crore for modern fire-fighting facilities at Haldia Dock Complex of Kolkata Port to ensure safe cargo operations, especially petro-chemical goods. Kolkata Port is one of the top 12 major ports in the country. “Union Minister of State (I/C) for Shipping Shri […]
IndiGo signs for 300 A320neo Family aircraft
NEW DELHI: India’s IndiGo has placed a firm order for 300 A320neo Family aircraft. This marks one of Airbus’ largest aircraft orders ever with a single airline operator. This latest IndiGo order comprises a mix of A320neo, A321neo and A321XLR aircraft. This will take IndiGo’s total number of A320neo Family aircraft orders to 730. “This […]
Airbus forecasts need for over 39,000 new aircraft in next 20 years
NEW DELHI: The world’s passenger and freighter aircraft fleet is set to more than double from today’s nearly 23,000 to almost 48,000 by 2038 with traffic growing at 4.3% annually, also resulting in a need for 550,000 new pilots and 640,000 new technicians. By 2038, of the forecast 47,680 fleet, 39,210 are new and 8,470 […]
Vistara signs agreement with Airbus for parts, engineering support
NEW DELHI: Vistara, India’s full-service carrier and a joint venture of Tata Sons and Singapore Airlines, has signed a long-term contract to partner with Airbus for their Flight Hour Services – Tailored Support Package (FHS-TSP). The contract will cover engineering and maintenance for 62 aircraft, including 23 existing ones. The FHS-TSP contract provides integrated and guaranteed […]
Airbus sees strong demand for its new commercial aircraft products at Paris Air Show 2019
NEW DELHI:During the 2019 Paris Air Show, Airbus achieved new business for 363 commercial aircraft, comprising 149 firm orders and 214 commitments. In addition to these totals, airlines and lessors also converted 352 existing aircraft orders – mostly from the A320 single-aisle aircraft up to the larger A321neo and also to the new A321XLR. This […]
Another blow to Boeing: Airbus bags $35 billion China deal for 300 jets
By Benjamin Katz Gregory Viscusi & Helene Fouquet Airbus SE secured a $35 billion jet deal from China during a state visit by President Xi Jinping to the French capital, dealing a fresh blow to Boeing Co. as it grapples with the grounding of its best-selling jet. The mammoth order consists of 290 A320-series narrow-body […]
Airbus pulls plug on costly A380 superjumbo as sales plummet
NEW DELHI:European aerospace giant Airbus said on Thursday that it would stop building its A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs. The final two double-deckers will be delivered in 2021, just 14 years after the first A380 went into service, […]
IndiGo gets its first longer range A321neo plane
MUMBAI: Budget carrier IndiGo has become the first domestic airline to have longer range Airbus A321neo plane in its fleet with the first aircraft arriving Saturday morning in New Delhi from the European aviation major Airbus’ Hamburg facility in Germany, an airline source said. The maiden A321neo (new engine option), VT-IUA, landed at 9.06 am […]