Air India and Boeing celebrated (06-Sep-2012) the delivery of the airline's first 787. "Today is a great day for Air India as the most technologically advanced and fuel efficient airplane in the world joins our fleet," Air India CMD Rohit Nandan said, adding, "The 787 will allow Air India to open new routes in a dynamic marketplace and provide the best in-flight experience for our passengers." Air India is only the fifth airline in the world to take delivery of a 787. The delivery is the first of 27 Dreamliners for Air India, with the carrier to configure its 787s with 18 business class seats and 238 economy class seats. The 787 has the range and capability to allow Air India to deploy the Dreamliner on many routes including the Middle East, Europe, Asia and Australia. Air India's first 787 Dreamliner was assembled in Everett and was delivered from Boeing's South Carolina delivery centre. The aircraft is scheduled to fly to Delhi on 07-Sep-2012. The carrier is expected to receive a further two deliveries by month-end, according to PTI reports, despite the Delay Compensation Agreement, which was cleared by the Union Cabinet in Aug-2012, reportedly yet to be approved by the Law Ministry. Air India intends to have 14 787s in its fleet by Mar-2013. For the next few weeks, the 787 would be operated on the domestic sectors, including Delhi-Mumbai. [more - original PR]
Air India receives first 787
You may also be interested in the following articles...
Australia-India air travel market grows rapidly but SE Asian hubs hinder nonstop services
The Australia-India market has experienced rapid growth over the last three years, prompting Australia to lobby for more direct services. Visitor arrivals from India are up 50% since mid-2013, and total passenger traffic between the two countries is up approximately 30%.
Air India launched services to Melbourne and Sydney in 2013 but the Australia-India market is still dominated by Southeast Asian flag carriers. Singapore Airlines has been able to maintain a leading 41% share of the market. Malaysia Airlines also still carries more Australia-India passengers than Air India.
Attracting more nonstop flights from Air India, or the possible launch of nonstop flights to India by Australian carriers, will not be easy despite growing demand. Southeast Asia’s network airlines have a competitive advantage as they serve several gateways in both Australia and India. Southeast Asia’s growing medium/long haul LCCs have also started to compete in the Australia-India market and are well positioned to take a large share of the anticipated growth.
India’s aviation market surges 20% on economic growth and low fuel prices
Indian aviation is, after many years of promise, seemingly starting to deliver on its potential. It is currently the fastest-growing major aviation market in the world. With strong GDP growth of around 7.5% India is surging ahead of China in the economic growth stakes.
Meanwhile, the decline in oil prices has supported lower fares, driving year-on-year domestic traffic growth in excess of 20%. Its airlines are even starting to make money.
LCC, IndiGo, established less than a decade ago, has become the dominant player in the domestic industry. At the end of the Indian financial year, on 31-Mar-2016, IndiGo was the largest airline in the domestic market with a passenger share of 38.4%, followed by Jet Airways at 20.2%. LCCs accounted for 61.7% of domestic traffic.