“Air India 470 Airplane Order.. The Impact on Indian Aviation & World”
Sambhav Consultants
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A solid start for Consolidating market share & increasing of global presence of Air India after reacquire by Tata of debt laden airline.
The upgradation & Modernization of fleet means an airline expansion strategy to create dominance in aviation industry.
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The Indian aviation industry is going through a sudden change both in terms of traffic & network. With the new entry of Akansa Air with its 737max, Indigo wet lease of wide body Boeing777 & Vistara recent delivery of A321ER(extended Range) of 7400km ?there has been completion rise both Domestic & International Market, The rise in traffic in both Capital City airport & Economy capital city airport which reflect Economic growth of the country along with affordability power increase among people. The rising demand of air travel & increase completion among budget carrier & full service carrier has made existing airline to find new strategy for retaining market share.
After Air India privatization Air India started rebranding its carrier into two segment budget carrier with Air India Express & Air Asia whose merger are going to complete this year & full service carrier with Air India & Vistara merger by 2024. A robust overall change already started at various stage between the 4 airlines to make two entity world class. Indigo the oldest carrier after air India also modernize its In-Flight meal system, Automation in ground support along with induction of 777200 LR & introduction of new route in domestic & international are indication of growing modernization of Indian aviation
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Impact On Indian Air:
The 470 order of Combined Aircraft from Boeing & Airbus which is around 80Billion is a reflection of growing Indian aviation & Indian economy. This order will create around 5000 jobs of pilots & cabin crew, around 3000 jobs for engineer, More Connectivity to various city, Standby plane on Emergency of any route, Proper Maintenance time of various aircraft of various airline. Air India efficient management of fleet & better slot management, Creating highest market share of domestic market
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Impact on Global Market
Air India massive deal is a history of 12 decades back bulk order by American Airline. The Order Itself create a huge Impact on Airbus & Boeing. Boeing bag after long time wide body aircraft on Asian Market, Rolls Royce make comeback with Airbus A350 order. Triple country get benefit from this order UK France & USA. Large amount of Job opening will be created on three country from this order. Engine Maker will get additional order which will be win-win situation for all. Air India get the prestige of flourishing airline after long time & milestone a much needed one. This order will create more presence in global market & help to change Air India image of outdated Inflight Amenities of its ageing fleet