Aerospace

As demand surges, IAG orders a large number of planes from Airbus and Boeing.

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Following shareholder approval, International Airlines Group (IAG) confirmed a purchase order for 37 more A320neo aircraft. The newest order brings the total for the year to 59 single aisle aircraft. Earlier agreements for 22 A320neo Family (17 A320neos, 5 A321neos) were announced in March and June 2022.

China’s top 3 airlines will purchase nearly 300 Airbus A320neo aircraft.(Opens in a new browser tab)

Furthermore, it reported that its shareholders had approved a deal with Boeing to order a combined 50 737-8-200s and 737-10s, plus 100 options. In May 2022, Boeing and IAG announced their tentative agreement, which was awaiting shareholder approval. In November, a record of the firm order for 50 737s will be available on Boeing’s Orders & Deliveries website.

IAG is one of Airbus’s largest international customers and operates a sizable number of Airbus aircraft in its fleet. These newest models of aircraft will play a significant role in IAG’s strategy to achieve net zero emissions by 2050.

The A320neo Family is equipped with the most recent technologies, such as Sharklets and new generation engines, which together save at least 20% on fuel. The A320neo Family is the most popular aircraft in the world, with more than 8,500 orders from more than 130 customers.

Airbus delivers its 500th A350(Opens in a new browser tab)

The 737-10, the largest model in the family, can travel 3,300 miles and accommodate up to 230 passengers in a single class. The fuel-efficient jet can travel on 99% of single-aisle routes, including those 757s usually service. With the 737-8-200, IAG will be able to outfit the aircraft with up to 200 seats, boosting revenue potential and lowering fuel consumption.

The 737 uses the newest CFM International LEAP-1B engines, Advanced Technology winglets, and other enhancements to provide the highest efficiency, reliability, and passenger comfort available in the single-aisle market. The average fuel efficiency of the 737 family of aircraft is 20% higher than that of the first Next-Generation 737s when they entered service and 14% higher than that of the Next-Generation 737s that are currently the most fuel-efficient.

Related Topics:A320 neo airbus Boeing IAG

Aerospace

When Ratan Tata was denied entry to the airfield at the Aero India show, he waited

During our visit to Aero India 2019, we had the unexpected opportunity to see Ratan Tata at the event, which was a thrilling moment for us. However, there was a surprising hiccup when the security staff didn’t allow him to enter due to a lack of a security pass.

Despite this, he remained calm and patiently waited for about 20 minutes until a member of the Tata team brought him the required pass, after which he calmly proceeded inside. It was a humbling sight, showcasing his composed demeanor even in such situations.

Ratan Tata ji is not only a renowned industrialist but also a trained pilot, holding a pilot’s license. In 2007, he became the first Indian civilian to fly the F-16 Falcon during the Aero India show in Bangalore—a proud moment for the nation.

His passion for aviation extended beyond flying, as he played a key role in shaping India’s aerospace industry. Under his leadership, Tata ventured into manufacturing and maintaining aerospace components while upholding its legacy of quality. Notably, Tata’s collaboration with Airbus to develop and manufacture the C295 aircraft is a testament to its growing influence in the sector.