SQ/TATA mulls bid for Air India (AI)

[jase05]

I can only hope it goes well for SIA, they may not had much success with overseas investments overall, losing billions (especially with the 3-time failures in Australia), but a combined AI/UK has huge potential with the very large Indian market.

I wonder if VA might look to add them as a partner eventually

 

[HS-TQE]

I wonder if VA might look to add them as a partner eventually

AI does have interlines with both Australian carriers atm. Whether if one of them gets upgraded to a codeshare remains to be seen.

 

[AIRwin]

Airbus to win 235 single-aisle jet order under Air India relaunch -sources

European planemaker Airbus is set to win an order for 235 single-aisle planes as part of a historic purchase of some 495 jets due to be announced by a resurgent Air India on Jan. 27, industry sources told Reuters.

www.reuters.com

 

[Scarlett]

That would be quite some turn around, from declining service standards due to lack of cash flow, to a mega order of new planes. Huge developing middle class in India so guess large numbers of planes needed.

The financial wizardry needed to pay for that sized order boggles my mind. Maybe the same backers that bought/own the financial black hole coal mine in WA where money and the real world seem totally disconnected.

 

[AIRwin]

Air India seals record order for about 500 jets from Airbus, Boeing

Air India has sealed a jumbo deal for about 500 new planes worth more than $100 billion at list prices, in what could become the single largest order by any airline as it seeks to reinvent itself under its new owners, industry sources told Reuters.

www.reuters.com

 

[OZDUCK]

The aircraft 'order' has now been 'officially' announced. However it seems that the use of the word 'order' may still be a big optimistic. There is a lot of chatter around that what has actually happened is the signing of 'Letters of Intent' which are not firm commitments.

Air India in record order for new planes

The airline orders a total of 470 aircraft from Airbus and Boeing as it targets a major expansion.

www.bbc.com