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IndiGo, Air India to source parts locally
Mint Mumbai
|November 22, 2023
With flight operations being impacted due to a scarcity of spare parts amid global supply chain challenges, Indian airlines are turning to local suppliers for non-critical aircraft components, industry insiders said.
According to executives at Air India and IndiGo, the trend prevalent in the US, is being adopted by the Indian aviation sector, as it promises cost and time benefits for the carriers.
The substantial orders placed by Indian airlines for planes would not only lead to a sizable fleet, but will enable domestic carriers negotiate favourable terms with lessors for leasing aircraft and the use of local non-critical parts, which will save over 40% cost. The availability time for some parts will also reduce from six months to under 30 days, industry executives said at the Aero MRO India 2023 event in New Delhi.
This story is from the November 22, 2023 edition of Mint Mumbai.
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