India’s airlines set new records for aircraft orders – will this finally rescue its aviation sector?

  • Date: 20-Jun-2023
  • Source: Gulf News
  • Sector:Transport
  • Country:UAE
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India’s airlines set new records for aircraft orders – will this finally rescue its aviation sector?

Dubai: It seems to be the turn of India’s airlines to set new records, with IndiGo placing a 500-jet order with Airbus (with a list price of $50 billion). This makes it the biggest order ever in aviation history – and eclipsing that placed by in February. Aviation experts are hopeful these moves would eventually address the pressing need to increase capacity and stabilize airfares in India’s domestic aviation needs as well as on UAE-India routes. While IndiGo has announced its intentions to ramp up its footprint on international routes, what percentage would be directed to the UAE is to be seen. Currently, the airline provides daily services to India from four airports in the Emirates - Dubai, Abu Dhabi, Sharjah, and . These orders by IndiGo and Air India came about even as problems persist for other Indian carriers, with Go First yet to get back to flying after encountering a series of crippling financial issues. That brought on a marked reduction in airline capacity at a time when demand has been building up nicely towards summer travel. Go First also had services on the UAE-India sector, and the airline remains hopeful of making a comeback before this month