Highlight
- Campbell Wilson said Air India aims to have 30% share in international market
- Currently, the airline has a domestic market share of 10% and an international market share of 12%.
- Airline to induct 5 wide-body Boeings in next 15 months
Air India chief Campbell Wilson on Tuesday said the airline aims to capture 30 per cent share in both domestic and international markets over the next five years.
Currently, the loss-making carrier, which was taken over by the Tata group in January, has implemented the revival plan ‘vihaan.ai’. Air India aims to have 30 per cent share in the domestic and international markets in the next five years, Wilson, who is the MD and CEO, told reporters here.
Currently, the airline has a domestic market share of 10 per cent and an international market share of 12 per cent. ‘Vihaan.AI’ is a comprehensive transformation plan with a detailed road map for the next five years.
Wilson said the airline is working on “restoring reputation” and there is evidence that progress is being made. It has also negotiated various contracts. According to Wilson, the airline will triple its fleet in the next five years.
The airline will induct 5 wide-body Boeing and 25 Airbus narrow-body aircraft over the next 15 months. The aircraft being leased are 21 Airbus A320 Neo, 4 Airbus A321 Neo and 5 Boeing B777-200LR.
Air India has a narrow-body fleet of 70 aircraft. Of them, 54 are in service and the remaining 16 aircraft will progressively return to service by early 2023. The wide-body fleet consists of 43 aircraft, of which 33 are operational. The rest will return to service in early 2023, it said in September.
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