Monday, June 05, 2023

India hugely growing aviation market but underserved: Air India CEO

Istanbul: India is a hugely growing aviation market but also underserved, especially on international routes, Air India chief Campbell Wilson said on Monday.

The Air India CEO and Managing Director was speaking at a session at the IATA World Air Transport Summit.

While India is a "hugely growing market", it is also an underserved market, as there are less than 50 wide-body aircraft (with domestic carriers), he said.

Earlier this year, Air India placed an order for 470 planes with Boeing and Airbus.

In the context of the aircraft order, Wilson said there is a significant imbalance that the airline is trying to address.

He was referring to the shortage of wide-body planes in India.

Wilson also said that a few years ago, 13 Boeing 787 planes were grounded as Air India did not have funds and there was also a requirement for "30,000 spare parts".

He was responding to a query related to supply-chain issues.

The Tata Group took over the loss-making Air India from the government in January last year.

Responding to a query, Wilson said there is not a "level-playing field" with respect to various aspects in the international aviation space.

05/06/2023 PTI/Times of India

To Read the News in full at Source, Click the Headline


Post a Comment