Over the past 15 months, Indian airlines have placed a staggering order for over 1150 new aircraft, with purchasing rights potentially expanding this figure to a whopping 1590. This aggressive investment signals a major expansion phase for the Indian aviation industry, promising more flights, improved connectivity, and potentially lower fares for passengers. Buckle up and read on to explore the in deeper details of this aviation boom! #Airport #Airline Akasa Air Boeing Air India Limited IndiGo (InterGlobe Aviation Ltd) #AviationOasis #AviationIndustry https://lnkd.in/eJkmWZy3
Aviation Oasis’ Post
More Relevant Posts
-
🏆 Proud statistics for Indian Aviation 🏆 Over 1150 aircrafts ordered by Indian carriers in past 15 months. This, combined with increasing global connectivities will further fuel the growth of Indian aviation. I am confident that India will see more than 12% Pax growth in next 10 years. #Indigo #AirIndia #Akasa #IndianAviation #IndianAirports #AviationNews
Over the past 15 months, Indian airlines have placed a staggering order for over 1150 new aircraft, with purchasing rights potentially expanding this figure to a whopping 1590. This aggressive investment signals a major expansion phase for the Indian aviation industry, promising more flights, improved connectivity, and potentially lower fares for passengers. Buckle up and read on to explore the in deeper details of this aviation boom! #Airport #Airline Akasa Air Boeing Air India Limited IndiGo (InterGlobe Aviation Ltd) #AviationOasis #AviationIndustry https://lnkd.in/eJkmWZy3
Taking Off in Style: A Look at the Latest Aircraft Ordered by Indian Airlines / Analysis | Aviation Oasis
aviationoasis.com
To view or add a comment, sign in
-
Snags Stall the Momentum of Indian Aviation! More and more Indians are choosing to fly for their commutes, favoring airlines over traditional railway travel. The record number of aircraft orders by major Indian airlines recently became a talking point, signaling an imminent surge in the Indian aviation industry. However, the news of slowing aircraft production at Boeing and inspections of Pratt and Whitney engines on Airbus A320neo planes have disrupted expansion plans for airlines like Akasa, Air India Express, and IndiGo. Consequently, air ticket fares are expected to rise. We all hope that the external global issues, which have caused this sudden slowdown in the aviation industry's growth, will be resolved quickly, allowing global aircraft manufacturers to sort out their production challenges. #IndianAviation #AirTravel #Boeing #Airbus #PrattAndWhitney #AkasaAir #AirIndiaExpress #IndiGo #AviationIndustry #indianinfrastructure #airport #infrastructure #Aviation #Airport #Airline #AirportOperations #India #India2024 #July2024 #linkedin #EBSConsultancyGroup
To view or add a comment, sign in
-
Performed Valuation of IndiGo (InterGlobe Aviation Ltd) Special thanks to Prof. Aswath Damodaran and Parth Verma for their guidance. Indian Aviation Sector- * 3rd Largest Aviation market in the world. * 184 million Passengers in FY 2024, up by 14.5% as compared to FY 2023 * The total number of air passengers was 10.3% higher than in FY 2019. * 1,150 aircraft ,The Indian aviation sector made a significant impact on the global stage as all the Indian carriers collectively placed record-breaking orders for more than 1,150 aircraft over the last 15 months
To view or add a comment, sign in
-
The Indian aviation sector is witnessing a significant shift as Air India and Vistara have officially merged, solidifying the industry’s transition into a duopoly. In October 2024, domestic air passenger traffic grew by 5.3% year-on-year, reaching 1.36 crore passengers. IndiGo led the market, carrying 86.40 lakh passengers and capturing an impressive 63.3% market share. Air India followed with 38.91 lakh passengers, accounting for 28.5% of the market. Meanwhile, SpiceJet and Akasa Air secured only 2.4% and 5.4% of the market, respectively, highlighting the growing dominance of the two major players. Together, IndiGo and Air India now command over 90% of the domestic aviation market, underscoring the emergence of a clear duopoly. With SpiceJet and Akasa Air facing operational challenges, this consolidation marks a pivotal moment for the Indian aviation industry, reshaping its competitive landscape. #IndianAviation #MarketDynamics #AviationGrowth
To view or add a comment, sign in
-
In a recent development, India has surpassed Brazil and Indonesia to become the third-largest domestic aviation market, according to data from the aviation analytics firm OAG. The Indian aviation sector is dominated by two major players - IndiGo and Air India - which together hold orders for more than 1,000 aircraft. These two airlines account for around 90% of the domestic seat capacity in India. Meanwhile, the United States and China continue to retain their positions as the world's top two largest aviation markets. https://lnkd.in/gZnQMHHU
India’s becoming the Third Largest Domestic Aviation Market
induqin.com
To view or add a comment, sign in
-
The Indian aviation industry is experiencing unprecedented growth, with projections indicating a significant rise in passenger numbers.📈 India, with 1.4 billion people, has the world's fastest-growing air passenger market and is set to become the third-largest aviation market, after China and the United States. India expects domestic air passenger traffic to double by 2030, reaching 300 million. So how the nation's airports are gearing up to accommodate this surge in #airtravel ?🤔 👉India has earmarked $11 billion to build new airports and upgrade existing ones, aiming to increase the current count of 150 airports to 200 within five years. 👉Large orders for aircraft, such as Air India's 470 and #akasaair's 150 #boeing737 MAX planes, show the industry's dedication to strengthening its aviation abilities. 👉The industry also plans to strengthen safety protocols, enhance workforce skills, and find ways to optimize airspace architecture to managing future growth. Despite weather-related disruptions and operational challenges, the outlook for India's #aviationindustry remains optimistic. With India's aviation industry on the rise, the nation is poised for a remarkable journey towards becoming a global #aviation powerhouse. Exciting times lie ahead as India's airports prepare to welcome a new era of air travel. ✈️ #civilaviation #indianaviation #airtravel #aviation
To view or add a comment, sign in
-
IndiGo (InterGlobe Aviation Ltd), India's undisputed narrowbody king recently surprised everyone by placing an order of 30 A350-900 widebody with an option of 70 more. But the #airline was in no mood to stop, within a couple of days of placing this historic order, the airline is rumored to be in talks with ATR and Embraer for an order of 100 small jets. With this order #IndiGo plans to expand its #regionalnetwork. The #airline, already operates 45 ATR-72 planes with 78 seats each and is set to receive five more this year, is bound to lean towards continuing its partnership with #ATR due to potential cost advantages. But, Airbus' A220 and Embraer's E-175 planes are also in the fray. Looks like #IndiGo is eyeing a share of #profit in Tier II and Tier III cities where new #airports are being #developed and #UDAN is expected to boost #airtraveldemand. IndiGo serves almost 60 #destinations with recent additions like Gondia, Lakshadweep, Jagdalpur, Jharsuguda, and Dharamshala. #ATR has already forecasted that India becoming its largest #market within the next decade, reflecting the rising #regionalairconnectivity in the country. Government of India Official Narendra Modi NITI Aayog Official Jyotiraditya M Scindia Pieter Elbers Parichay Datta Amrish Agarwal Rohit Tomar Seemaa S Vedaak Veena Chawla Rinaldo Rhine #RCS #regionalconnectivity #lastmileconnectivity #airtravel #traveldemand #middleclass #holidayseason #UDAN #safetravel #largestairline
IndiGo plans to expand regional network with order of 100 smaller planes
business-standard.com
To view or add a comment, sign in
-
IndiGo is now the World’s 3rd Largest Airline! IndiGo, India's largest airline, on Wednesday pipped US-based Southwest Airlines in terms of market capitalisation to become the world's third most valuable airline. Interestingly, it was at the sixth spot in December 2023. IndiGo is the only Indian carrier among the world's top 10 airlines and is currently operating 14,014 flights per week. In June 2023, the airline placed an order for 500 A320neo family planes with Airbus, which is touted as the biggest-ever aircraft order in the history of commercial aviation! Interglobe Aviation (IndiGo’s parent company’s) share price rose by nearly 5% on Wednesday, reaching a total market cap of over ₹1,46,000 crore ($17.6 billion). In your opinion, which Indian airline will occupy a spot in the top 10 next time? #ShareMarket #indigo #aviation #airlines #indianaviation
To view or add a comment, sign in
-
In the last year, Indian airlines have placed massive orders for new aircraft to expand their fleets and meet the growing demand for air travel in the country. The key highlights are: Air India, the national carrier, placed orders for a total of 470 aircraft - 250 from Airbus and 220 from Boeing. This is the largest single order for aircraft ever placed by an airline. IndiGo, India's largest airline, announced an order for 500 narrow-body planes and 30 wide-body planes from Airbus. Akasa Air, a new Indian airline, placed a firm order for 150 Boeing 737 MAX aircraft. Together, Air India, IndiGo, and Akasa Air have ordered a total of 1,150 aircraft in less than a year. Other Indian carriers like SpiceJet and Vistara also have significant aircraft orders in the pipeline, though the exact numbers are not specified. In total, Indian airlines are expected to take delivery of over 1,600 new aircraft in the coming years to cater to the country's rapidly growing aviation market, which is one of the fastest growing in the world. IndiGo (InterGlobe Aviation Ltd), Vistara - TATA SIA Airlines Ltd., Air India Limited, Air India Express, Akasa Air #India, #Airbus, #Boeing, #planes, #engineers, #travel, #pilots, #cabincrew, #holidays
To view or add a comment, sign in
-
IndiGo, India's largest airline, is in discussions with aircraft manufacturers ATR, Embraer, and Airbus to potentially place an order for up to 100 regional aircraft. This move comes as part of IndiGo's strategy to expand its regional operations and tap into new markets. The airline is considering a mix of turboprop and regional jet aircraft to cater to different routes and passenger demands. IndiGo's interest in regional aircraft reflects the growing demand for air travel in India's smaller cities and towns, where larger aircraft may not be as economically viable. By adding regional aircraft to its fleet, IndiGo aims to enhance connectivity to underserved regions and strengthen its position in the competitive Indian aviation market. The potential order for 100 regional aircraft underscores IndiGo's commitment to growth and diversification, as the airline seeks to capitalize on emerging opportunities in the regional aviation sector.
IndiGo looks to order another 100 regional aircraft
aerotime.aero
To view or add a comment, sign in
608 followers
Head Master Data Management
7moWorth sharing the information, this definitely will boost the Aviation Industry and definitely Passengers pocket friendly travel.