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Exclusive-Air India in talks for dozens of new widebody jets from Airbus, Boeing, sources say

In the high-stakes world of international aviation, a transformative chapter is about to unfold.Air India,the nation’s flagship carrier,stands on the precipice of a monumental fleet expansion,engaging in intricate negotiations with aerospace giants Airbus and Boeing. As whispers of potential deals circulate through industry corridors, the prospect of dozens of new widebody jets promises to reshape the airline’s global positioning and operational capabilities. This unfolding narrative hints at an ambitious strategic vision, where cutting-edge aircraft could redefine Air India’s trajectory in the competitive international marketplace. Air India is in advanced discussions with both Airbus and Boeing to substantially expand its long-haul fleet, according to multiple industry sources familiar with the negotiations. The potential order, which could involve dozens of widebody aircraft, represents a transformative moment for the airline following its acquisition by the Tata Group.

Insiders reveal that the proposed procurement spans multiple aircraft families, targeting next-generation widebody models designed for enhanced fuel efficiency and passenger comfort. Boeing’s 787 Dreamliner and Airbus A350 series are reportedly at the forefront of these deliberations, with preliminary talks suggesting a potential order ranging between 40 to 60 aircraft.

The strategic move comes as Air India seeks to modernize its aging international fleet and compete more effectively with global carriers. By introducing state-of-the-art widebody jets, the airline aims to improve operational performance, reduce maintenance costs, and enhance its long-haul network capabilities.Industry analysts suggest the potential order could be valued between $12-15 billion, depending on specific configurations and negotiated pricing. The discussions represent a significant vote of confidence in India’s rapidly expanding aviation market, which has shown robust growth despite global economic challenges.

Both Airbus and Boeing are reportedly offering competitive packages, including flexible financing options and comprehensive support agreements. The manufacturers understand the strategic importance of securing a substantial order from one of Asia’s emerging aviation powerhouses.

Air India’s fleet renewal strategy aligns with the Tata Group’s vision of transforming the airline into a world-class international carrier. The potential widebody acquisition would replace older, less efficient aircraft and position the airline for aggressive international expansion.

Sources close to the negotiations indicate that final decisions could be announced within the next six to nine months, contingent on complex commercial negotiations and internal approvals. The talks underscore the continuing global demand for advanced long-haul aircraft, even in a post-pandemic aviation landscape.

The potential order would not only modernize Air India’s fleet but also signal a significant milestone in the airline’s ongoing transformation under Tata Group’s leadership. By investing in cutting-edge aircraft technology, Air India demonstrates its commitment to becoming a competitive global airline.

Market experts are closely watching these negotiations, recognizing the potential ripple effects across the international aviation manufacturing and airline sectors. The outcome could potentially influence future procurement strategies for other emerging market carriers.