Airplane manufacturer Boeing outdid its competitor Airbus in the recently concluded Farnborough Airshow, bagging around 500 orders as compared to 430 of the latter.
The two saw bulk orders coming in from Indian carriers during the airshow. Jet Airways ordered 75 aircrafts of 737 MAX 8 from Boeing, valued at $8.8 billion, while Vistara has committed to adding 50 Airbus A320 neo narrow-body planes to its existing fleet. In addition to this, Vistara has also confirmed an order for six Boeing 787-9 Dreamliners.
Though Boeing was ahead of Airbus in the airshow, it still remains far behind when it comes to the overall order book position. Airbus, as on March 2018, had pending orders of 7,186 aircraft, while Boeing had 5,836.
Boeing is a notch ahead of its French counterpart in overall orders from India, but its Airbus that enjoys the lead when it comes to existing fleet of Indian carriers and already executed orders.
The two have a huge market competition in the country, which is currently considered the third largest domestic civil aviation market globally and also one of the fastest growing aviation markets in the world.
India’s scheduled airline companies are on an expansion mode. Airlines are likely to induct 979 additional aircrafts by the end of 2024 with deliveries starting this year, said civil aviation minister Jayant Sinha in response to a query in Rajya Sabha. The current commitments and orders from the airshow makes it 1,022 new planes, he added.
The scheduled carriers in India have an existing fleet of around 584 aircraft. Airbus dominates the current fleet.IndiGo has the biggest fleet with 169 Airbus aircraft using only Airbus planes, followed by Air India with 164 aircraft, out of which 90 are Airbus planes and 71 are Boeing. Jet Airways, the third-biggest airline, uses both Boeing and Airbus planes. 94 out of 120 aircraft are Boeing aircraft.
In total, there are 382 Airbus planes and 199 Boeing planes in the existing fleet of scheduled commercial airlines in India.
As per data released by the civil aviation ministry, IndiGo is readying to add another 448 aircraft into its fleet. It will add 399 A320s and 49 ATRs (both Airbus) in the next eight years.
Whereas, SpiceJet would be adding 107 Boeing B737-800s and 50 Bombardier Q400s during the 2018-2023 period to its existing fleet of 57.Another budget carrier GoAir will be inducting 119 Airbus A320 planes by 2022. It has an existing fleet size of 34, all Airbus.
AirAsia India is expanding its fleet with 60 new Airbus A320 planes in the next five years.
Jet Airways will be adding 161 new Boeing aircraft to its existing fleet of 120. The private airline will be adding 81 Boeing B737-8 MAX planes by 2024 period along with five B737-800s this fiscal ending March 2018. Additionally, it has ordered 75 aircraft of 737 MAX 8 from Boeing during the Farnborough Airshow.
Disinvestment-bound Air India would also induct three Boeing B777- 300ER and 16 Airbus A320 planes next year.
Full-service carrier Vistara is also expanding its fleet with five Airbus A320 aircraft by the end of the year. Vistara has committed for 50 Airbus A320 neo narrow-body planes during the airshow along with the confirmed order of six Boeing 787-9 Dreamliners, with an option to buy four more.
Post the expansion, the fleet size of Indian carriers would be above 1,600 aircraft, still dominated by Airbus with about 1,075 aircraft of Airbus and 528 Boeing planes. T
he Airbus A320 family is used by almost all airlines.
However, on International routes, Boeing aircraft dominate the skies.
Air India and Jet Airways are the only Indian airlines that offer medium to long-haul routes, and both use the Boeing 777 on long-haul routes. Air India also uses Boeing 787s, and Jet Airways will be adding Boeing’s B787s to its fleet by 2018.
Disclosure: Boeing and Vistara are among the four launch partners of CNBCTV18.com