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Singapore Airlines prefers Airbus
About 70 per cent of the domestic passenger segment is dominated by low cost carriers such as SpiceJet, IndiGo and GoAir.

Singapore Airlines has chosen Airbus industrie for acquiring its A320 aircraft over Boeing’s 737 for its proposed India operations through its joint venture partners, Tata Sons Ltd.

The south east Asian carrier is planning to acquire 20 Airbus A320 valued over US $ 1.83 billion to be sourced from leasing companies. This will confirm Airbus’ absolute dominance in the single aisle aircraft segment.

The new airline, which is yet to get a formal name, is expected to start operations by second half of 2014-15 fiscal and will be initially based out of New Delhi. It will seek to compete with domestic carriers, Air India and Jet Airways Ltd, the two players in the full service market since the collapse of the Kingfisher Airlines Ltd in 2012.  

About 70 per cent of the domestic passenger segment is dominated by low cost carriers such as SpiceJet, IndiGo and GoAir. Tata is also launching a low cost carrier in collaboration with Malaysia based AirAsia. IndiGo with the largest share of the domestic market operates about 70 Airbus A320 aircraft and has as many as 190 more new or upgraded aircraft in the same class waiting to be delivered. GoAir operates about 20 A320 aircraft and has placed orders for another 72 in the same class.

Air India’s low cost carrier Air Express operates around 20 Boeing 737. SpiceJet operates just over 40 and has placed an order for 40 more of the re-engined 737 Max variant.

 

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