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India’s VISTARA to add 50 Airbus A320neo Family aircraft to fleet

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Farnborough, 16 July 2018 – VISTARA, the New Delhi-based carrier, has signed a letter of Intent (LoI) for 13 A320neo aircraft to add to its existing portfolio of 21 Airbus aeroplanes, reconfirming the appeal of the best-selling single aisle family.

The full-service airline has also committed to an additional 37 A320neo Family aircraft from lessors. The combined agreements would add 50 A320neo Family to Vistara’s fleet. The engine selection for VISTARA’s latest firm order is Leap CFM.

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For VISTARA, the A320neo will be the first aircraft to fly regional international routes.

Featuring the widest single aisle cabin in the sky, the efficient A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver more than 15 percent fuel and CO2 savings from day one and 20 percent by 2020 as well as 50 percent noise reduction. With more than 6,100 orders received from over 100 customers, the A320neo Family has captured some 60 percent share of the market.

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Aviation

Airbus and French Aerospace Firms Growing Exports from India

Airbus and French Aerospace Firms Growing Exports from India

In a significant move to bolster its supply chain, European aerospace giant Airbus has announced plans to ramp up component sourcing from India, tapping into the country’s vast opportunities.

During a press briefing in New Delhi on October 7, CEO Guillaume Faury emphasized the strategic importance of India within the Airbus supply chain, highlighting the company’s robust network of over 100 suppliers in the region.

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Faury, who also serves as Chairman of the French Aerospace Industries Association (GIFAS), noted that there are abundant prospects for collaboration between Indian and French aerospace companies. Leading a high-level delegation from GIFAS, comprising more than 60 companies and over 100 representatives, Faury aims to foster deeper partnerships and enhance business opportunities between India and France.

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“We will continue to grow our sourcing of components,” Faury stated, forecasting a doubling of component sourcing approximately every five years over the next decade. This stable growth trajectory underscores Airbus’s commitment to deepening its ties with India.

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Currently, Airbus holds an impressive order book of around 8,600 aircraft and anticipates producing about 770 planes this year. This ambitious production plan aligns with the expected surge in India’s domestic air passenger traffic, projected to reach 300 million by 2030, according to Union Aviation Minister K Rammohan Naidu.

During the briefing, Naidu also highlighted the substantial investments being made to develop India’s airport infrastructure, with $11 billion allocated for this purpose. The government plans to develop 200 additional airports over the next 20 to 25 years, significantly expanding the current count of 157 airports, heliports, and waterdromes. By the end of 2025, the number of operational airports is expected to reach 200.

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“The potential for partnership between India and France is immense,” Naidu remarked, further reinforcing the collaborative spirit that Airbus and French aerospace firms seek to cultivate in India.

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