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London CNN —Airbus has just landed the biggest-ever aircraft order in the history of commercial aviation. The French aerospace giant announced Monday that budget Indian airline IndiGo had placed an order for 500 of its A320 planes, to be delivered between 2030 and 2035. The deal sets “the record for the biggest single purchase agreement in the history of commercial aviation,” Airbus (EADSY) said in a statement, and brings the total number of Airbus (EADSY) planes IndiGo has ordered to 1,330. Founded in 2006, IndiGo is India’s top airline by market share, according to its website. In February, IndiGo’s rival Air India ordered more than 470 jets from Airbus and Boeing (BA).
Persons: Pieter Elbers, Elbers, Organizations: London CNN, Airbus, IndiGo, Aviation, Air India, Boeing, Tech, Monetary Fund, United Nations Locations: India, China
The multibillion-dollar deal is the largest ever by number of aircraft, eclipsing Air India's provisional purchase of 470 jets earlier this year as India's two largest carriers plan for a sharp expansion in regional travel demand. With the growth of India (and) the growth of the Indian aviation market ... this is the right time for us to place this order," IndiGo Chief Executive Pieter Elbers told a news conference. Indian carriers now have the second-largest order book, with an over 6% share of the industry backlog, behind only the United States, according to a June 1 report by Barclays. After signing the IndiGo deal, Airbus CEO Guillaume Faury said it was premature to start thinking about narrowbody jet production rates higher than the planned 75 per month. It continues to hold separate talks with Airbus and rival Boeing (BA.N) for 25 widebody planes, which could either be Airbus A330neos or Boeing 787 jets, sources have said.
Persons: there's, Pieter Elbers, Guillaume Faury, Tim Hepher, Joanna Plucinska, Aditi Shah, Mark Potter Organizations: Airbus, Paris, Air, Reuters, Barclays, Boeing, Thomson Locations: India, United States
An employee works at the Airbus A350 assembly site, in Colomiers near Toulouse, south-western France, on December 9, 2022. A lot has changed in the four years since one of the aviation industry's biggest air shows was held in person. The question is whether Boeing , Airbus and their numerous suppliers can catch up. Over the past year, Boeing has logged large orders or preliminary agreements from customers including United Airlines , Saudia and new Saudi carrier Riyadh Air. Air India's massive order earlier this year included both Boeing and Airbus jets.
Persons: , Andy Cronin, Stuart Hatcher, Hatcher Organizations: Airbus, Paris Air, Boeing, Aviation, United Airlines, Riyadh Air, Air, Turkish Airlines, Air Lines, Malaysia Airlines, Air France, KLM, Air Baltic Locations: Colomiers, Toulouse, France, Saudi, Riyadh
A series of bold investmentsExperts say much of India’s outbound growth trajectory is being driven by improvements in infrastructure and an expansion in its aviation sector. Morgenshtern says the rise in outbound tourism from India is the result of investment not just by the government but by private airlines as well. Air India, for example, is fully owned by Indian conglomerate Tata Sons. As part of its efforts to expand its offerings, the company announced earlier this year it will be operating flights under both the Air India brand and Air India Express, having previously merged the latter with Tata’s other low-cost airline, AirAsia India. In February, Air India purchased nearly 500 new planes, the most ever bought in one order by a single airline.
Persons: Omri Morgenshtern, it’s, Gary Bowerman, It’s, Delhi’s Indira, Morgenshtern, Indira, Bowerman, Jyotiraditya Scindia, , , Matthew Micah Wright, ” Morgenshtern, Arun Sankar, ” Bowerman, there’s Organizations: CNN, Reuters, Times, National Capital, Delhi’s Indira Gandhi International, Indira Gandhi International, Creative, Imaging, Air India, Tata Sons, Air India Express, AirAsia India, India, LCC, , Tata, US . Air India, Indigo, Civil Aviation, CAPA India Aviation Summit, Bank Locations: India, China, Noida, Jewar, Uttar Pradesh, Times of India, Delhi, Western Uttar Pradesh, Asia, ., India’s, Europe, Africa, Morgenshtern, France, Switzerland, Thailand, Malaysia, Indonesia, An, Vietnam, Southeast Asia, Singapore, Japan, Korea, Taiwan, Air China, Beijing, Shanghai, China Southern, Guangzhou, Northeast Asia
CNN —Chinese carrier Hainan Airlines has defended imposing weight requirements on flight attendants after reports of the new policy went viral on social media and sparked a public backlash. “I just need the flight attendant to be fully qualified in professional knowledge, well-practiced in safety procedures, and wear the most suitable shoes and clothes for emergencies. Alaska Airlines also launched gender-neutral uniform guidelines for flight attendants last year; Virgin Atlantic and British Airways have adopted similar policies for greater inclusivity. Other Asian airlines have made headlines in recent years for imposing weight rules on cabin crew. In 2015, Air India asked 125 flight attendants to lose weight, while Pakistan’s national airline ordered cabin crew to abide by weight limits or face being grounded in 2019.
Persons: Organizations: CNN, Hainan Airlines, State, Global Times, Qantas, Alaska Airlines, Virgin Atlantic, British Airways, Air Locations: Weibo, Air India
General Electric is in final discussions to cement a partnership with India's Hindustan Aeronautics Ltd. to co-manufacture jet engines in the country, CNBC has learned. Earlier this week, U.S. Defense Secretary Lloyd Austin visited India and discussed the jet engine deal with Indian officials, sources told CNBC. The nature of the agreement — whether it will be labeled a partnership, joint venture or co-assembly — still remains to be seen. The potential GE deal comes as India's economy has grown exponentially, drawing more interest from corporate giants like Apple , Google and Amazon . "We certainly see a lot of activity brewing in India," GE CEO Larry Culp told CNBC in late April, weeks after Air India placed a massive order for more than 800 GE LEAP engines.
Persons: Cope, Narendra Modi, Lloyd Austin, Richard Rossow, India —, Daniel Silverberg, Tim Cook, Modi, Silverberg, Larry Culp Organizations: Indian Air Force, IAF, Tejas, The United States Air Force, USAF, General, India's Hindustan Aeronautics Ltd, CNBC, Indian, Washington , D.C, . Defense, GE, U.S . State Department, Capitol, State Department, Pentagon, Center for Strategic, International Studies, Washington, Capstone, Apple, Google, GE Aerospace, Air India Locations: Kalaikunda, India's West Bengal, Washington ,, India, U.S, Russia, Asia, China
An Air India plane heading to San Francisco had to make an emergency landing in Siberia on Tuesday. A man whose mother was on the flight told Insider that they were left with no information and little food. Air India passengers stranded in a remote Siberian town for two days were abandoned by the crew, had to sleep on the floor, and were only given bread and rice, a relative told Insider. He said he tried to contact Air India multiple times to help his mother who was given no information on the ground. In a letter sent to passengers, Air India apologized for the event and said it will fully refund the fare for the journey as well as provide customers with a travel voucher.
Persons: Satwinder Singh, Singh Organizations: Morning, Air India, Boeing, Air, Twitter Locations: Air India, San Francisco, Siberia, Magadan, Russia, New Dehli
[1/2] An Air India Airbus A320-200 aircraft takes off as an IndiGo Airlines aircraft waits for clearance at the Sardar Vallabhbhai Patel International Airport in Ahmedabad, India, July 7, 2017. REUTERS/Amit DaveJune 8 (Reuters) - Air India said on Thursday that its replacement flight has taken off from Russia's Magadan for San Francisco, carrying all passengers and crew. The flight is expected to arrive at San Francisco at 12:15 a.m. PDT (0715 GMT) on Thursday, the airline said in a tweet. loadingAir India has mobilised additional support at San Francisco airport to carry out clearance formalities for passengers upon arrival, the tweet added. Air India sent an aircraft to Russia on Wednesday to pick up passengers whose Delhi-to-San Francisco flight was diverted to Russia's Far East after their Boeing (BA.N) 777 plane developed engine trouble.
Persons: Vallabhbhai, Amit Dave, Kanjyik Ghosh, Himani Sarkar, Gerry Doyle Organizations: An Air, An Air India Airbus, IndiGo Airlines, REUTERS, Air, San Francisco, India, San, Air India, Boeing, Thomson Locations: An Air India, Ahmedabad, India, Air India, Magadan, San Francisco, San, Russia, Delhi, Francisco, Bengaluru
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Persons: Dow Jones, e6be75e9 Locations: russia
Air India, which is revamping itself under new owner Tata Group, has been rapidly growing its international presence with new non-stop flights to Europe and the United States. Being able to use Russian airspace has come as a boon as it looks to capture a bigger share of the market. IATA Director General Willie Walsh called for an opening up of Russian airspace. "What we would like to see is everybody using Russian airspace. But airlines that can are unlikely to stop using Russian airspace after this diversion, said James Halstead, managing partner at Aviation Strategy.
Persons: Stringer, Campbell Wilson, Wilson, Scott Kirby, Kirby, Willie Walsh, Walsh, James Halstead, Vinod Kannan, India's, it's, Air India's Wilson, I'm, Aditi Shah, Mark Potter Organizations: REUTERS, United Airlines, Air, Air India, International Air Transport, Tata Group, Reuters, Airlines, Aviation, Singapore Airlines, Thomson Locations: Sheremetyevo, Russia, Ukraine, Moscow, Stringer ISTANBUL, U.S, India, Europe, Asia, Brussels, Air India, Istanbul, Air, United States, Russia's Far
An Air India plane heading to San Francisco was forced to land in Siberia, Russia, on Tuesday. The plane had to make an emergency landing after an engine failure, Air India said. An Air India plane flying to San Francisco was forced to land in a remote town in Siberia after developing engine problems, according to multiple reports. The Boeing 777, carrying 216 passengers and 16 crew, was forced to land in Magadan, Russia, on Tuesday, Air India said in a statement. Air India said the flight from New Delhi is expected to leave for Magadan on Wednesday evening.
Persons: Vedant Patel, Girvaan, hadn't, Scott Kirby, Al Organizations: Air, An, Boeing, US State Department, Associated Press, United Airlines Locations: Air India, San Francisco, Siberia, Russia, An Air India, Magadan, Okhotsk, Moscow, New Delhi, Ukraine, Al Jazeera, Gulf
NEW DELHI, June 7 (Reuters) - Air India said on Wednesday a reserve plane would take off from Mumbai on Wednesday for passengers whose flight on Tuesday was forced to land at an airport in Russia's Far East because of engine trouble. The airline said its ferry flight would leave Mumbai at 0730 GMT and head to Magadan in Russia, carrying food and other essentials for the passengers stranded there. Russian aviation authority Rosaviatsia had said that a reserve Air India plane was scheduled to land at 0300 GMT. Air India did not immediately respond to a request to share the nationalities of the passengers. The airline said it had moved passengers to makeshift accommodations, citing infrastructure limitations around the airport.
Persons: Rosaviatsia, Vedant Patel, Patel, Tanvi Mehta, Lidia Kelly, Krishna N, Gerry Doyle Organizations: Air, Boeing, Air India, NDTV, U.S . State Department, Thomson Locations: DELHI, Air India, Mumbai, Russia's Far, Delhi, San Francisco, Magadan, Russia, Air, Indian, U.S, United States, New Delhi, Melbourne
June 6 (Reuters) - Russia is ready to give Air India permission to land a reserve aircraft in Russia's Far East, after one of the airline's planes flying from Delhi to San Francisco was forced to divert and land there, Russian aviation authority Rosaviatsia said on Tuesday. Rosaviatsia, which said it was checking the plane's technical condition, said there were 220 passengers and 16 crew on board. Air India had earlier said there were 216 passengers and 16 crew on board. Reporting by Gleb Stolyarov; Writing by Alexander Marrow; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Rosaviatsia, Gleb Stolyarov, Alexander Marrow, Alex Richardson Organizations: Air, Air India, Thomson Locations: Russia, Air India, Far, Delhi, San Francisco
A bird flies over a logo of Air India airlines at the corporate headquarters in Mumbai, India, October 19, 2021. An Air India plane flying from Delhi to San Francisco was forced to divert and land at an airport in Russia's Far East after it developed a technical issue with one of its engines, the airline said on Tuesday. The 216 passengers and 16 crew onboard were being offered support on the ground and accommodated in local hotels for the night, Air India said. Air India said it could not share any passenger details. GE Aerospace said it was aware of the diversion and working with Air India to resolve the issue.
Persons: Vedant Patel, Patel, Rosaviatsia Organizations: Air India, An, Boeing, United Airlines, Air, . State Department, General Electric, Union, Norwegian Air Boeing, Washington, GE, U.S . Treasury, U.S . Department of Commerce, GE Aerospace Locations: Mumbai, India, An Air India, Delhi, San Francisco, Russia's Far, Russia, Air India, U.S, Magadan, Okhotsk, Iran, Shiraz, United
ISTANBUL, June 6 (Reuters) - An Air India plane flying from Delhi to San Francisco was forced to divert and land at an airport in Russia's Far East after it developed a technical issue with one of its engines, the airline said on Tuesday. The 216 passengers and 16 crew onboard were being offered support on the ground and accommodated in local hotels for the night, Air India said. Air India said it could not share any passenger details. GE Aerospace said it was aware of the diversion and working with Air India to resolve the issue. However, Air India and some Gulf-based, Chinese and African carriers continue to fly over Russia, making flying times shorter and American rivals uncompetitive.
Persons: Rosaviatsia, Campbell Wilson, Biden, Aditi Shah, Tim Hepher, Joanna Plucinska, David Shepardson, Valerie Insinna, Alexnader Marrow, Gleb Stolyarov, Josephine Mason, Emelia Sithole, David Evans, Mark Potter Organizations: An, Boeing, United Airlines, Air, General Electric, Union, Norwegian Air Boeing, Washington, GE, U.S . Treasury, U.S . Department of Commerce, GE Aerospace, International Air Transport Association, Reuters, Thomson Locations: ISTANBUL, An Air India, Delhi, San Francisco, Russia's Far, Russia, Air India, Magadan, Okhotsk, Iran, Shiraz, India, Washington, United States, Moscow, Ukraine, American, U.S
CNN —An Air India flight from India to San Francisco was diverted due to a technical issue with one of the plane’s engines and has landed safely in Russia’s Magadan airport, in the country’s far east, according to a statement from the carrier. The airline will operate an alternate flight carrying everyone from Magadan to San Francisco on Wednesday. “Air India will operate an alternate aircraft from Magadan to San Francisco on June 7, 2023 carrying all passengers and crew of AI173 who are presently accommodated in local hotels in Magadan,” an Air India spokesperson said in a statement. Russia has banned numerous western countries from operating in its airspace, though some carriers like Air India continue to fly over Russia. Russian aviation agency Rosaviation said Tuesday that it has issued a permit to Air India to send a reserve aircraft to Russia’s Magadan airport.
Persons: AI173, Rosaviation, , Vedant Patel, Patel, ” Patel, Scott Kirby Organizations: CNN, An Air, , India, Air, United, State Department, United Airlines, Reuters Locations: An Air India, India, San Francisco, Russia’s Magadan, Magadan, , Air India, Russia, Russian, Delhi, Moscow, United States
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
Airbus heads towards 500-jet order from IndiGo
  + stars: | 2023-06-04 | by ( ) www.reuters.com   time to read: 1 min
ISTANBUL, June 4 (Reuters) - Airbus (AIR.PA) is closing in on a potentially record deal to sell 500 narrowbody A320-family jets to India's largest carrier, Indigo (INGL.NS), industry sources said on Sunday. The European planemaker has emerged as front-runner for an order eclipsing Air India's historic provisional purchase of 470 jets in February, the sources said on the sidelines of an airline industry meeting in Istanbul. Airbus and Boeing are also competing in talks to sell 25 wide-body jets to the same airline, they said. IndiGo, which is already a major Airbus customer with a large number of planes on order, and the France-based planemaker both declined comment. Reporting by Tim Hepher, Aditi Shah and Joanna Plucinska; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Tim Hepher, Aditi Shah, Joanna Plucinska, Hugh Lawson Organizations: Airbus, Boeing, Thomson Locations: ISTANBUL, Istanbul, France
Airbus is near a deal to sell 500 A320 narrow-body planes to IndiGo, Reuters reported. That would make it the largest order ever by volume, topping Air India's 470-plane deal in February. Boeing rival Airbus is near a deal to sell 500 planes from the A320 narrow-body family of jets to India's largest airline, IndiGo, Reuters reported on Sunday. Meanwhile, Airbus and Boeing are also in talks to sell 25 wide-body jets to IndiGo, the report added. That's in contrast with Air India's massive order, which was split between 220 Boeing planes and 250 Airbus planes.
Persons: isn't, IndiGo didn't, Dave Schulte Organizations: Airbus, Reuters, Air, archrival Boeing, Morning, Boeing, IndiGo, Insider, Reuters . Budget, Max, Asia Pacific Locations: IndiGo, Istanbul, India
ISTANBUL, June 4 (Reuters) - Airbus (AIR.PA) is closing towards a potentially record deal to sell 500 narrow-body A320-family jets to India's largest carrier IndiGo (INGL.NS), industry sources said on Sunday. Airbus and Boeing (BA.N) are also still competing in separate talks to sell 25 A330neo or Boeing 787 wide-body jets to the same airline, the industry sources said. IndiGo is already one of Airbus's largest customers and has so far ordered a total of 830 Airbus A320-family jets of which nearly 500 are still to be delivered. IndiGo aims to double its capacity by the end of the decade and expand its network, especially in international markets. The airline has a codeshare partnership with seven carriers including Turkish Airlines, American Airlines and KLM.
Persons: Pieter Elbers, Carsten Spohr, Elbers, Tim Hepher, Aditi Shah, Joanna Plucinska, Hugh Lawson, David Holmes, Susan Fenton Organizations: Airbus, Boeing, IndiGo, International Air Transport Association, Reuters, Turkish Airlines, Barclays, Lufthansa Group, American Airlines, KLM, Thomson Locations: ISTANBUL, Istanbul, United States, Europe
India’s airline turbulence will be felt abroad
  + stars: | 2023-05-17 | by ( Shritama Bose | ) www.reuters.com   time to read: +4 min
India’s Go First has gone into bankruptcy – the country’s second airline to do so since 2019. Its subsequent public and messy spat with engine suppliers and lessors will have ripple effects across the industry and abroad. Go, the country’s third largest airline with a 7% market share, blames Raytheon Technologies-backed (RTX.N) Pratt & Whitney’s “faulty” engines. A global industry association, Aviation Working Group, has put India on a watchlist for violating global conventions on repossession of airplanes. The trouble at Go may not put them off but it promises some extra turbulence ahead.
In granting bankruptcy protection, the National Company Law Tribunal in New Delhi ordered a moratorium on Go First's assets and leases. But bankruptcy protection supersede lessors' repossession requests. Go First's lessors also include SMBC Aviation Capital and CDB Aviation's GY Aviation Leasing. Its voluntary seeking of bankruptcy protection to renegotiate contracts and debt marks a first for an Indian airline, and Chief Executive Officer Kaushik Khona, who was present as the order was read, hailed the tribunal's decision as "historic". The Indian tribunal said the new resolution professional will take "all necessary steps including the execution of the arbitral award".
India has made it easier for lessors to take back planes if airlines default on payments after joining an international treaty known as the Cape Town Convention. But lack of a proper legislation to enforce the treaty means India's bankruptcy law will supersede lessors' repossession requests, lawyers said. Go First's lessors include major global names such as Jackson Square Aviation, SMBC Aviation Capital and CDB Aviation's GY Aviation Leasing. Bigger rivals IndiGo (INGL.NS) and Tata Group's Air India are charting major expansion plans with hundreds of new planes on order as domestic air travel in India surpasses pre-pandemic levels. Air India did not immediately respond.
Europe's biggest low-cost carrier said it was placing a firm order for 150 of the largest version of Boeing's narrow-body jet family, known as the 737 MAX 10, with options for another 150. The deal delivers a boost to the 737 MAX, Boeing's best-selling jet whose deliveries have been depressed by a two-year safety crisis and post-COVID disruption. "Boeing wanted us to step up the scale and size of the order even to get the discounts that we [got]." Boeing Chief Executive Dave Calhoun countered during a press conference that no premium was high enough for the jet, in a jovial back-and-forth. On Monday, Reuters first reported that Ryanair was close to a major deal for Boeing jets.
A Ryanair Boeing 737 MAX 8 aircraft as seen flying, landing and taxiing at Eindhoven Airport EIN. Ryanair said it plans to buy at least 150 Boeing 737 10 Max planes with options for 150 more. Ryanair stopped negotiations for a big Max order in September 2021 because of a dispute over pricing. Ryanair's CEO, Michael O'Leary, said the new planes will replace older 737 jets in its fleet. Boeing's next challenge is ramping up production of the 737 Max.
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