Airbus expects large orders for super jumbo A380 from Indian carriers

18 Oct 2007

1

Singapore: After making the first commercial delivery of the world's largest passenger aircraft, the A380, to launch customer Singapore International Airlines, its manufacturer Airbus has expressed confidence at receiving more orders for the super jumbo from airlines in India, one of aviation's hottest markets.

According to Airbus, Indian flag carrier, Air India, is mulling purchase of ten Airbus A380s with another eight to ten as options. John Leahy, chief operating officer (customers), Airbus, says, "We are currently in discussions with Air India and in the process of conducting route tests for the airline. We expect the orders to finalise in about six months."

Private carrier, Kingfisher Airlines, has been the only Indian customer for the super jumbo, placing orders for five such aircraft. The list price for an A380 is $319 million, which would price the whole Air India deal at around $3 billion, if it should materialise. It is common to receive hefty discounts for orders, however, especially if they are placed at an early stage of the game or is sufficiently large in size.

Though the first A380 has been delivered 18 months behind schedule, Airbus is confident of securing larger orders over the coming months. "Global air traffic is expected to triple in the next 20 years. With a major portion of that growth coming from India, it makes sense for national carriers such as Air India to purchase such long-haul aircraft. If Kingfisher and Air India get it, I don't see why Jet Airways wouldn't want one," says Leahy.

According to industry analysts, Air India's current fleet consists of a large number of ageing Boeing 747-200s and 747-400s, which are likely candidates for replacement by the A380.

According to Airbus, an Air India A380 super jumbo could very likely service high-growth hubs such as London and New York. Passenger volumes on the India-US sector are expected to double over the next two years, according to Boeing estimates.

Latest articles

As EU Trade Deal Nears Completion, BMW Flags Risk of Chinese Carmakers Entering India via Europe

As EU Trade Deal Nears Completion, BMW Flags Risk of Chinese Carmakers Entering India via Europe

Alphabet Briefly Joins $4 Trillion Club as Apple Taps Google Gemini to Power Next-Gen Siri

Alphabet Briefly Joins $4 Trillion Club as Apple Taps Google Gemini to Power Next-Gen Siri

Investors Favour Energy and Infrastructure Over Big Tech for AI Exposure in 2026, BlackRock Says

Investors Favour Energy and Infrastructure Over Big Tech for AI Exposure in 2026, BlackRock Says

Trump Announces 25% Tariff on Countries Trading With Iran as U.S. Steps Up Pressure

Trump Announces 25% Tariff on Countries Trading With Iran as U.S. Steps Up Pressure

The New Oil: Inside the Processing Gap — Why Mining Alone Won’t Fix the Critical Minerals Crisis

The New Oil: Inside the Processing Gap — Why Mining Alone Won’t Fix the Critical Minerals Crisis

L&T Secures Major Bridge Project in West Bengal; Stock Slips on Kuwait Tender Uncertainty

L&T Secures Major Bridge Project in West Bengal; Stock Slips on Kuwait Tender Uncertainty

SK Hynix to Invest $13 Billion in “P&T7” Advanced Packaging Hub to Cement AI Leadership

SK Hynix to Invest $13 Billion in “P&T7” Advanced Packaging Hub to Cement AI Leadership

Essar to Invest ₹5,100 Crore in Gujarat Bio-Fuel Project, Targets Operations by 2029

Essar to Invest ₹5,100 Crore in Gujarat Bio-Fuel Project, Targets Operations by 2029

Eutelsat Orders 340 New OneWeb Satellites From Airbus to Strengthen Europe’s LEO Strategy

Eutelsat Orders 340 New OneWeb Satellites From Airbus to Strengthen Europe’s LEO Strategy

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers