Long and ultra-long haul operations can be structurally profitable given the strong demand for non-stop connectivity, it said and added that higher pricing thresholds and stability are visible
Air India , Indigo Plan For Up To 170 Wide-Body Aircrafts In Little Over A Year menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
In little over a year, Air India and IndiGo have announced plans to purchase up to 170 wide-body planes as they bet on ambitious expansion and efforts also continue to make India a global aviation hub.
Also, the two carriers orders usher in European aircraft maker Airbus into the country s wide-body space, which has traditionally been dominated by US major Boeing.
If narrow-body aircraft orders of Air India, IndiGo and Akasa Air are added to the list, the order book is well over 1,200 planes and that too in less than 14 months or since February 2023.