Akasa Air, IndiGo, Air India place orders for 1,120 planes in less than one year
Akasa Air, Air India, and IndiGo, three Indian carriers, have collectively ordered 1,120 planes in less than a year to expand in India's fast-growing civil aviation market. Akasa Air, a two-year-old airline, has placed an order for 150 Boeing 737 ...
Also Read: Akasa Air orders 150 Boeing 737 Max aircraft
In 2023, which also saw domestic air traffic climbing new highs, Air India and IndiGo together placed orders for 970 planes with Boeing and Airbus.
Tata Group-owned Air India ordered 470 planes -- 250 from Airbus and 220 from Boeing -- in February last year. Later in June, the country's largest airline IndiGo announced an order with Airbus to buy 500 narrow-body planes.
Also Read: India now third biggest buyer of planes, Jyotiraditya Scindia announces
Now, Akasa Air, Air India and IndiGo together have placed orders for 1,120 planes since February last year.
Besides these orders, Indian carriers are set to take deliveries of new planes that were ordered earlier. IndiGo alone has an order book of nearly 1,000 planes.
Grounded Go First, which has not been flying since May last year, had an order for 72 aircraft.
Together, domestic carriers are expected to take deliveries of more than 1,600 planes in the coming years, according to an analysis.
Currently, the fleet size of the Indian airlines is 730.
On Wednesday, Civil Aviation Minister Jyotiraditya Scindia said the fleet size of Indian carriers will reach 1,500 to 2,000 by 2030.
India is one of the fastest growing civil aviation markets in the world.
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