Airlines

Paris Air Show 2023: IndiGo set likely to order 500 new planes from Airbus.

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According to the latest reports, Airbus SE, the renowned European aircraft maker, will announce a ground-breaking deal with IndiGo, a prominent Indian carrier, on the first day of the prestigious Paris Air Show. The agreement is expected to include an order for 500 A320neo family planes, which will be a significant milestone for both firms.

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If the planned purchase were to be accepted, it would virtually double IndiGo’s current backlog, according to insiders involved with the negotiations. Despite the fact that the discussions are ongoing in faith, sources indicate that Airbus and IndiGo are planning to announce the agreement as soon as Monday. As talks move on, the sources advised that the precise figure and the specifics of the agreement might alter.

Airbus is apparently aiming to secure a major narrowbody order with Saudi carrier Flynas Co. in addition to the prospective IndiGo purchase. Along with the IndiGo partnership, which was previously revealed by Bloomberg News, this collaboration has the potential to be another event highlight. It’s crucial to remember that talks for both transfers are still going on.

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Guillaume Faury, CEO of Airbus, expressed his excitement about the Paris Air Show. He stated that the event will demonstrate the industry’s return to growth and excitement. Airbus has already confirmed deals for 60 A320 family aircraft and 10 A350s from unnamed customers ahead of the show, establishing a promising pace for the upcoming days of prospective orders.

If the deal with IndiGo comes to fruition, it will eclipse Air India’s recent order of 470 aircraft from both Airbus and Boeing as the formerly flag airline looks to reestablish its operations with a cutting-edge fleet under new management. IndiGo presently owns close to 60% of the domestic flying market share in India, where the country’s aviation industry is growing steadily.

Airlines

Sanctions & Engine Issues Ground Half of Russia’s A320neo fleet

Russia’s aviation sector, already strained by Western sanctions, faces another setback as nearly half of its Airbus A320neo family aircraft are grounded due to unresolved engine issues.

This development highlights the growing challenges for russia commercial aircraft in maintaining their fleets under the weight of global restrictions and limited access to spare parts.

Out of the 66 Airbus A320neo and A321neo jets in Russia, 34 are now out of service, according to the Kommersant business newspaper. These planes are powered by engines manufactured by Pratt & Whitney, a subsidiary of RTX Corporation.

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The engines are affected by a previously identified defect in the metal used for certain parts, prompting accelerated inspections and maintenance.

Sanctions have compounded the issue, blocking the supply of essential components from major manufacturers like Boeing and Airbus. Without proper maintenance, experts warn that these aircraft may face decommissioning as early as 2026.

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Airlines like S7, which operates a significant portion of these grounded jets, plan to conserve the engines for future use during peak travel seasons. However, reports suggest that over 20 of S7’s Airbus planes have engines that have already reached the end of their operational lifespan. Recently, russia seeks assistance from kazakhstan’s airlines to bolster its domestic flights.

While some A320neo and A321neo planes in Russia are equipped with French-made LEAP engines, which are seen as less problematic, the challenges remain daunting.

The situation underscores the long-term impact of sanctions on Russia’s aviation sector and the increasing difficulties in keeping its modern fleets operational.