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NEW DELHI/PARIS, June 20 (Reuters) - Record plane orders by India's top two carriers show the country's untapped potential for air travel and its rise as an aviation superpower, but recent airline failures and rows over regulations suggest progress may not be smooth. A day later, rival Air India firmed up an order for 470 Airbus and Boeing (BA.N) aircraft that, until Monday, had been the industry leading plane deal. LEASING CONCERNSBut while the opportunity in India is big, so are the risks, says Ameya Joshi, an independent aviation analyst. Leasing companies warn that restrictions on repossessing their assets in case of defaults will drive up costs for all Indian airlines - even for IndiGo and Air India. It will eventually help Indian airlines by lowering risk and moderating lease rental costs," said Joshi.

Persons: India's, Jyotiraditya Scindia, planemakers, Ameya Joshi, Joshi, Aditi Shah, Tim Hepher, Joanna Plucinska, Mark Potter Organizations: NEW, Paris, Airbus, Air India, Boeing, Air, CAPA India, planemakers, IndiGo, lessors, Thomson Locations: NEW DELHI, PARIS, Air India, India, New Delhi, outdoing U.S, Paris

ISTANBUL, June 5 (Reuters) - The United States is in a "business recession" but the consumer is "strong", Scott Kirby, chief executive of United Airlines (UAL.O), the world's largest carrier, told reporters at an aviation conference in Istanbul on Monday. Business demand hasn't fully recovered yet ... that's taking more time," he said. I think actually, in the U.S., we're in a business recession, and the consumer is just fine, the consumer is strong." The chief of the world's biggest airline also raised concerns over competing carriers flying over Russia. However, newly approved flights for Chinese airlines are avoiding flying over Russian airspace to and from the United States, Reuters reported on June 1.

Persons: Scott Kirby, Kirby, We're, Aditi Shah, Jason Neely Organizations: United Airlines, International Air Transport Association, world's, U.S, Air, Reuters, Thomson Locations: ISTANBUL, United States, Istanbul, U.S, Russia, Washington, Moscow, Ukraine, India, Air India

[1/2] An Air India Airbus A320neo passenger plane moves on the runway after landing at Sardar Vallabhbhai Patel International Airport, in Ahmedabad, India, October 22, 2021. In another sign of the formerly government-owned carrier's whirlwind transformation under its new owner Tata Group, Air India is testing ChatGPT, OpenAI's popular chatbot, to replace paper-based practices. Air India is not only reworking every aspect of operations - from systems to supply chains - but integrating four Tata-related airlines, with Air India due to merge with Vistara while low-cost Air India Express and AirAsia India also converge. Airline mergers in India have had little success with Air India still hobbled by the botched integration of Indian Airlines in 2007. Air India's planes are already a mix of Airbus (AIR.PA) and Boeing (BA.N) jets with multiple cabin configurations.

[1/2] An Air India Airbus A320 plane is seen at the Boryspil International Airport upon arrival, amid the coronavirus disease (COVID-19) outbreak outside Kiev, Ukraine May 26, 2020. "India is now at that inflection point," Scindia said during an interview at his office in New Delhi. "We are going to see an explosion of air traffic in India in the years to come," he said, adding he wanted domestic carriers to look at international expansion with greater focus. Air India last month placed a record order for 470 jets and is making an aggressive push in the international market. Scindia said India was not looking at increasing air traffic quotas with Gulf states and instead wanted Indian carriers to offer non-stop long haul flights on larger planes.

IndiGo, owned by InterGlobe Aviation Ltd (INGL.NS), is also comparing the A320neo with the Boeing 737 MAX as it weighs a major new order for narrow-body jets, they added. The split between wide- and narrow-body jets was not immediately clear. An IndiGo representative told Reuters the airline is constantly in talks with manufacturers as it plans its next phase of growth. IndiGo, which counts a 55% share of the domestic market, is widely expected to maintain Airbus as its supplier of narrow-body jets to squeeze out further economies of scale. Industry publication CAPA reported last month that IndiGo was looking at around 500 jets as Air India closed its own deal.

[1/4] Air India passenger aircraft are seen on the tarmac at Chhatrapati Shivaji International airport in Mumbai, India, February 14, 2023. REUTERS/Francis MascarenhasBENGALURU, Feb 14 (Reuters) - Air India has agreed to buy 250 jets from Airbus (AIR.PA), part of a mammoth deal for 470 planes, as the carrier heralds a decades-long transformation under its new owners, Tata Group. The deal is expected to also include an order for 220 planes from Airbus rival Boeing (BA.N), Reuters reported. "We see this moment as the most significant moment for the Tata Group's Air India, Indian aviation and the manufacturing sector in India," he said. Reuters in December reported that Air India was in negotiations for a deal close to 500 planes.

Tata Group, which regained control of Air India last year after decades of public ownership, put out just six paragraphs. "Air India negotiated hard and the team is very sharp despite having no prior aviation experience. A second person who watched the billions fall into place said the Air India negotiators were "methodical, tough and very sophisticated". Plans for announcements on the anniversary of Tata's Air India takeover slipped as engine talks wore on. Analysts caution many obstacles remain to Air India's plans.

BENGALURU/PARIS, Feb 10 (Reuters) - French planemaker Airbus (AIR.PA) on Friday signed an agreement with Air India for 250 jets, as part of the Indian carrier's jumbo deal under its new owners, Tata Group, industry sources told Reuters. This is part of a potentially record order for close to 500 jets split equally between Airbus and rival planemaker Boeing (BA.N), which was first reported by Reuters in December. Air India did not immediately respond to an email seeking comment outside of regular business hours. While the Airbus figure is slightly lower than the 275 originally envisaged, sources did not rule out a provision by Air India for top-up acquisitions or leases at a later point. Air India also wants to win a bigger share of regional international traffic and the domestic market, setting up a battle on both fronts with IndiGo.

[1/2] The logo of Airbus is picuted at the Airbus facility in Montoir-de-Bretagne near Saint-Nazaire, France, March 4, 2022. REUTERS/Stephane MaheDELHI/PARIS, Jan 20 (Reuters) - European planemaker Airbus (AIR.PA) is set to win an order for 235 single-aisle planes as part of a historic purchase of some 495 jets due to be announced by a resurgent Air India on Jan. 27, industry sources told Reuters. Air India and Boeing did not immediately respond to requests for comment. Reuters reported last month that Air India was close to placing orders for around 500 jets from both Airbus and Boeing after months of intense talks on the core plane order. 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.

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