From now on, Air India is a private company owned in particular by the Tata group. The company merged with Vistara (which was owned by Singapore Airlines). Air India becomes India’s leading domestic and international carrier with a combined fleet of 218 aircraft. A giant order of new aircraft will propel Air India to the level it deserves.
Rationalization in the workforce
The Tata Group has reduced Air India’s total workforce with voluntary retirement schemes. It was a success, with 4,500 staff leaving the airline, out of a total of more than 13,000. The airline will recruit again as new aircraft arrive.
Lower market share at the moment
Air India recorded a lowest ever market share of 8.7% in 2022. However, on a monthly basis, the airline slightly improved its market share to 9.2% in December from 9.1 % in November. Its target is 30%.
Air transport in India is dominated by one company
Indigo led other airlines with a share of more than 55% of the domestic air sector. The low-cost Indigo quickly became a major player. With over 280 aircraft in its holdings today, the airline has big plans for the future.
Air India has just confirmed its giant order for new aircraft
The Indian company has finalized one of the largest aircraft orders in history. The airline has now agreed to buy nearly 500 new aircraft, including 250 Airbus, split between 210 A320neo single-aisle and 40 A350 widebody aircraft. Boeing’s order includes 220 planes, including 190 narrow-body 737 MAX jets and jumbo jets, 20 787s and 10 777Xs
Very interesting and good news for Airbus.
