Monday, April 19, 2021

Boeing vs Airbus: Competition Heats-Up in India for Vistara Deal

Boeing vs Airbus – the two rivals have been fighting out for the Big Ticket Vistara Deal and get a foothold in India. Boeings attempts to weaken the sales of Airbus SE’s latest aircraft – the A330 Neo have moved beyond North America and are now competing in India for the Vistara Deal. Boeing vs Airbus – Which is a better aircraft is very difficult to answer, however, both the companies are battling and woo Vistara and gain an upper edge in one the biggest aviation markets, India.

Must Read at EurAsian Times

Boeing vs Airbus: The History

Boeing vs Airbus has been characterised as a duopoly in the large jet airliner market since the 1990s. This resulted in a series of mergers and acquisitions within the aviation industry. Airbus started as a European consortium while the Boeing acquired its former arch-rival and key competitor – McDonnell Douglas.

Other players in the aviation market like Lockheed Martin, Convair and Fairchild Aircraft in the US, and British Aerospace and Fokker in Europe were unable to compete and retracted from the market.

Al-Jazeera Criticises NYT Editorial on Kashmir Dispute, Kashmiri Pandits Ask Counter Questions

Boeing vs Airbus: Global Competition

In the major setback to the Airbus, the Indian affiliate of Singapore Airlines Ltd. opted for the Boeing 787 over the bigger A350, according to report by Bloomberg.  This incident was preceded by a similar setback when American Airlines Group and Hawaiian Holdings, both discarded their previous orders for Airbus and selected the Boeing 787 instead.

Which Country Seeks Support of Bollywood to Establish Arab’s Biggest Film Industry?

Boeing’s aggressive marketing, coupled with Donald Trump’s tax cuts, has proved beneficial for the American company. In April 2018, Airbus announced that it will limit the production of the A330 Planes as it moves to the latest model (in part) due to lower than anticipated sales.

Boeing vs Airbus: Competing for Vistara

Vistara, an Indian airliner, is set to place an order for six Boeing 787, with a possibility to buy four more, according to key sources. The most expensive model of the Boeing Dreamliner is priced at $325.8 million, making the overall order from Vistara worth a whopping $3.3 billion.

Indian Railways Ranked No.1 in the World for Unpunctuality

On the other hand, Airbus is making a steady progress with Vistara in respect to narrow-body aircraft. The European consortium is favoured to acquire an order for 60 new-engine, single-aisle airliners and gain a robust footing in India.

Vistara is slowly and steadily inclining toward purchasing the A320 Neo jets after a hard-fought struggle with Boeing’s 737 Max model, according to key sources. The A320 Neo has is priced at approximately $110 million, valuing the entire deal at $6.6 billion, double than that of Boeing.

Report News / Consumer Complaints with EurAsian Times

Featured News

Pakistan’s JF-17 Aircraft ‘Top Contender’ For Malaysian Fighter Jet Contract — Korean Media

In an interesting twist to the Malaysian Air Force’s hunt for a Light Combat Aircraft (LCA), the China-Pakistani JF-17 fighter ‘Thunder’ appears to be...

US-India EEZ Row: US ‘Tones Down’ Naval Ops Squabble In India’s Maritime Zone; China Calls It QUAD Dilemma

After calling it an innocent ‘passage’, the US has further toned down the controversy surrounding its naval operation in India’s exclusive economic zone (EEZ)...

Northern Sea Route: Can Russia’s Arctic Game-Plan Outdo US’ Strategy In The Indo-Pacific?

**Russia defines the Northern Sea Route as a shipping lane from the Kara Sea to the Pacific Ocean, specifically running along the Russian Arctic...

As India ‘Rethinks’ S-400 Acquisition, Russia Puts ‘Everything On Table’ For Pakistan

As India could be re-evaluating its stand on acquiring the Russian S-400 air defense system fearing US sanctions, its rival Pakistan may have quietly...

Unreliable Ally: Should US Withdrawal From Afghanistan Be A ‘Wake-Up Call’ For All Major Non- NATO Allies (MNNA)?

US President Joe Biden’s announcement that all American troops will withdraw from Afghanistan by the 20th anniversary of the 9/11 terror attacks, thus ending...