Aviation Top Stories

AAI to add 160 parking bays at 27 airports as aircraft orders soar

By TBM Staff - Mumbai Tuesday, 19 September 2023, 10:00 AM 667

The Airports Authority of India (AAI) will add 160 aircraft parking bays at 27 airports in two years to expand air connectivity. The capacity expansion will aid domestic airlines that are adding aircraft to meet the growing demand. Air India and IndiGo have around 1,500 aircraft on order that would be delivered over a decade. […]Continue Reading

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VietJet, Carlye Aviation sign USD 550mn agreement for 200 B737 Max

By TBM Staff - Mumbai Thursday, 14 September 2023, 3:00 PM 822

Vietjet and Carlyle Aviation Partners, a U.S.-based aviation finance and asset management company, have solidified their partnership by signing a landmark aircraft finance agreement valued at USD 550 million. This occurred during the official visit of the President of the United States, Joe Biden, to Vietnam. Carlyle Aviation Partners, a wholly-owned subsidiary of The Continue Reading

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NCLT allows Go First to use leased aircraft

By TBM Staff - Mumbai Thursday, 27 July 2023, 10:30 AM 658

The National Company Law Tribunal (NCLT) yesterday refused to restrain the resolution professional of Go First from using the aircraft leased to it by six leasing companies. A bench of judicial member Mahendra Khandelwal and technical member Rahul Bhatnagar was approached by the aircraft leasing companies seeking an order to restrain Go First from commercially […]Continue Reading

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IndiGo to buy 500 A320 family aircraft from Airbus

By TBM Staff - Mumbai Tuesday, 20 June 2023, 9:28 AM 523

IndiGo has placed a firm order for 500 Airbus A320 Family aircraft. This will provide IndiGo a further steady stream of deliveries between 2030 and 2035. This 500 aircraft order is not only IndiGo’s largest order, but also the largest-ever single aircraft purchase by any airline with Airbus. The engine selection for this order will […]Continue Reading

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IndiGo to Take a Call on Big Order Today

By TBM Staff - Mumbai Monday, 19 June 2023, 12:15 PM 371

According to a report by Arindam Majumder in The Economic Times, India’s largest airline IndiGo’s board is likely to approve an order for 500 Airbus A320Neo family aircraft today. At list price, the order is worth over $50 billion, though the actual amount is likely to be much less as such large orders enjoy heavy […]Continue Reading

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Boeing receives largest order from Air India in South Asia

By TBM Staff - Mumbai Thursday, 16 February 2023, 12:00 PM 341

After Air India, India’s flag carrier announced the signing of a letter of intent with Boeing to acquire modern fleet, the US aerospace company said that it will be the largest Boeing order in South Asia. In a statement, Boeing said that the agreement between Boeing and Air India includes options for 50 additional 737 […]Continue Reading