Air India (AI) will invest $200 million towards its pilot training facilities as the airline expands its fleet and network, The Hindu Businessline (HBL) has reported. In February, AI placed a large order for 470 planes, spending around $70 billion (based on published list prices) in a deal with Airbus and Boeing. Apart from this, the airline is also leasing planes to add new destinations to its network.
To continue with its expansion, the airline is also spending on training facilities for cabin crew, engineers, and ground staff. To this end, AI will partner with plane manufacturers Airbus and Boeing, the HBL report said.
Speaking on the subject, Air India's Managing Director and CEO Campbell Wilson told HBL, "On the simulator side the investment is of $200 million to build capabilities not just for Air India but for others."
Air India leasing planes
The erstwhile public carrier, which is now a part of the Tata Group, is leasing 11 wide-body planes, of which six have already been inducted in its fleet, and five others will be added by March 2024. Not only this, but the airline has also leased 25 A320 NEO planes to its fleet; four of these 25 have already been inducted, while the remaining 21 will be inducted by March 2024, the report said.
"The wide-bodies will be used to expand our network internationally as well as add frequencies on the international segment. The A350 will operate domestically during the first quarter of next year and then operate on international routes," Wilson told HBL.
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