Avolon, the international aircraft leasing company, announces it has completed the delivery of 15 A320neo aircraft to Vistara, a joint venture of Tata Group and Singapore Airlines.
Paul Geaney, President and Chief Commercial Officer, Avolon commented: “We are delighted to have completed this delivery of 15 fuel efficient new technology aircraft to Vistara. The rapidly growing Indian aviation market is benefitting from Vistara’s continued success and we welcome the opportunity to have supported this expansion of their A320neo fleet.”
Deepak Rajawat, Chief Commercial Officer, Vistara commented: “A modern and efficient fleet is the backbone of any airline operations and enables consistent growth. We are pleased to have worked with Avolon on the delivery of these 15 aircraft which enabled us to continue our expansion and offer greater connectivity to our customers.”
Key data points: The growth forecast = 38.7% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in eVTOL aircraft market to 2031 by propulsion type (battery-electric, hybrid-electric, and hydrogen-electric), mode of operation (piloted, autonomous, and semi-autonomous), lift technology (vectored thrust, multirotor, and lift plus cruise), application (commercial, military, emergency medical service, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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