Tata Group airline Air India has now taken delivery of four new Airbus A321neo aircraft from lessor AerCap Holdings N.V.
The acquisition of the four new aircraft by the Indian flag carrier forms part of the mass expansion plan and re-formation of the airline stable owned by India’s Tata Group conglomerate.
First A321neo induction
The aircraft, powered by CFM LEAP-1A engines, are the first A321neo aircraft to be inducted into the Air India fleet.
“It is a very exciting time for Air India as it returns to Tata Group ownership and transitions its fleet to meet the rapidly growing Indian aviation market.”
“AerCap is delighted to play a role in the airline’s fleet transformation by providing its first tranche of NEO aircraft on operating lease,” said Peter Anderson, the Chief Commercial Officer of AerCap.
“We wish Air India and the Tata Group every success as they restore Air India to one of the world’s leading airlines.”
Nipun Aggarwal, Chief Commercial & Transformation Officer, Air India, said: “These four new, leased Airbus A321neo aircraft join our fast-growing fleet as part of the sweeping transformation in progress at Air India.”
“We look forward to continuing our very successful partnership with AerCap as we go along in our continuing effort to build Air India as one of the world’s finest airlines.”
About Air India
Founded by JRD Tata, Air India pioneered India’s aviation sector. Since its first flight on October 15, 1932, Air India has an extensive domestic network and has spread its wings beyond to become a major international airline.
The airline currently operates a network across USA, Canada, UK, Europe, Far-East, South-East Asia, Australia, and the Gulf.
Air India is a member of Star Alliance, the largest global airline consortium. After 69 years as a government-owned enterprise, Air India and Air India Express were welcomed back into the Tata group in January 2022.
The present management is driving the five-year transformation roadmap under the aegis of Vihaan.AI to establish itself as a world-class global airline with an Indian heart.
About the Tata Group
Founded by Jamsetji Tata in 1868, the Tata Group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals.
The Group operates in more than 100 countries across six continents, with a mission ‘To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.