A new aircraft upgrade will cost billions of dollars. A record number of orders for 500 aircraft have been placed.
It will also include 400 narrow body jets including Airbus A350, Boeing 787 and 777. It is indicated that the company may release more information about this in the next hundred or more days.
Recently there were reports that Air India is preparing to upgrade 40 aircraft at a cost of Rs 3295 crore. 27 Boeing 787–800 aircraft and 13 Boeing 777 aircraft will be upgraded. These are the aircraft acquired with the acquisition of Air India by the Tata Group. The first phase of upgraded aircraft is expected to enter service in 2024. Air India’s narrow body fleet consists of 70 aircraft, of which 54 are currently in service. There are 43 aircraft in the fleet of wide-body aircraft, of which 33 are operational. The report on the new order comes amid indications that the rest of the aircraft will enter service by early 2023.
Air India is also preparing to introduce premium economy class on long-haul international flights from this month. With Air India returning to Tata Group ownership
The parent company is trying to expand the company’s market share and global network.
The target is to increase the market share to at least 30 percent on domestic and international routes. Air India is undergoing many expansion activities. In the next five years, the company also aims to expand its global network by developing more wide-body and narrow-body flights.
“Carpets, curtains, seat cushions and covers” from older planes will all be replaced. Cabin interiors have been changed.
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