Vistara (Delhi International) has committed to adding up to fifty A320neo Family and ten B787 jets to its fleet between 2019 and 2023.
The Indian full-service carrier said in a statement that it had signed a Letter of Intent (LOI) with Airbus for thirteen firm-ordered A320neo and A321neo, with options for an additional seven A320neo Family jets. In addition, Vistara will lease another thirty-seven A320neo Family jets from various lessors. With the ordered and leased aircraft together, Vistara will add a total of fifty A320neo Family aircraft to its fleet between 2019 and 2023 all of which will be powered by CFM International LEAP 1A engines.
"Vistara will use the aircraft to densify its domestic network and to support its international operations planned for later this year," it said.
Vistara's LOI with Boeing (BOE, Washington National) comprises six firm-ordered B787-9s and purchase rights for four more B787 Family jets. The aircraft will be powered by General Electric GEnx-1B engines and are scheduled to be delivered between 2020 and 2021. The B787-9s are intended for use on 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," Leslie Thng, CEO, Vistara, said.
A joint venture between India's Tata Group and Singapore Airlines, Vistara operates thirteen A320ceo and eight A320neo with a single outstanding A320neo due in September this year. It currently serves 23 cities and towns across India and is now preparing for its international debut.