Indian carrier Vistara has signed letters of intent to order 13 Airbus A320neo family aircraft, as well as six Boeing 787-9s that will be deployed on long-haul routes.
The cumulative value of the deals is $3.1 billion at list prices. The Airbus LOI includes options for seven additional A320neo family jets, while the Boeing LOI includes purchase rights for four additional 787s.
In addition, the carrier says that it plans to lease an additional 37 A320neo family aircraft.
Vistara adds that it has selected the CFM Leap 1-A powerplant for the A320neo family jets, which will be due for delivery between 2019 and 2023.
“Vistara will use these aircraft to densify its domestic network and to support its international operations planned for later this year,” it says.
The carrier has also selected the General Electric GEnx-1B to power the 787s, which will arrive between 2020 and 2021. These aircraft will serve medium-haul and long-haul international routes.
“India’s position as the world’s fastest growing domestic aviation market and its impressive growth in air passenger traffic that has more than doubled over the last decade, makes us confident of our aggressive plans for domestic expansion and international foray,” says Vistara chief executive Leslie Thng.
“These orders are a landmark step in Vistara’s journey and demonstrate our deep-rooted commitment to contributing to the rise of the Indian aviation industry and to offering more choices to our customers.”
Vistara operates 13 A320ceos and eight A320neos, and is scheduled to receive another A320neo in September.