Airbus Doubles Investment Citing India’s Aviation Needs

The managing director and President of Airbus India and South Asia, Remi Maillard, said that India will need more than 2840 planes, 41,000 pilots and 47,000 support staff in the next 20 years due to the growth of the Indian Aviation Industry. The MD made these remarks while attending an aviation conclave and exhibition at Begumpet airport in Hyderabad. Maillard also added that the company is seeing doom demands from India and is planning on doubling the company’s sourcing from the country to $1.5 billion. The company’s current sourcing amount is $750 million. 

Airbus’ MD, Maillard, said that the company has received some good orders from India in 2023 following the Paris Airshow. According to him, the company has received an order of 500 jets from Indigo and 250 jets from Air India for a total of 750 jets in 2023. Adding to it, the MD said that the company has already started delivering jets to its customers. So far, the company has delivered 75 jets- 19 to Air India, 41 to Indigo, 14 to Vistara and one to Go First. Tata recently acquired Air India and they are looking to expand their business opportunities by introducing bold rebranding initiatives

Airbus and Air India are also looking to set up a joint venture training facility in Gurugram to train more than 5000 pilots in the next 10 years. Earlier in 2021, Airbus signed a deal with Tata’s defence arm, Tata Advanced System Limited, to manufacture C-295 transport aircraft in Vadodara for the Indian Air Force. 

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