Vistara, a joint venture of Tata Sons and Singapore Airlines, plans to place firm orders with Airbus for 13 aircraft from the A320neo family and with Boeing for six 787-9 Dreamliners. Together, the deals are valued at USD3.1 billion based on published list prices.
The letter of intent signed with Airbus comprises 13 firm-ordered A320neo and A321neo aircraft, as well as options for seven more aircraft from the A320neo family. In addition, Vistara will lease another 37 new A320neo-family aircraft from leasing companies. Together, Vistara will be adding a total of 50 A320neo-family aircraft into its existing fleet.
Vistara has selected the LEAP 1-A engines from CFM International to power the A320neo and A321neo aircraft, 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.
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