Airbus is eyeing India for the company’s growth as the country is one of the world’s fastest growing civil aviation markets. Speaking at the Airbus Summit on Monday, one of the senior officials of the aircraft maker said India is nothing but ‘growth’ for the company, according to PTI. This comes at a time when the Indian aviation market has become the third largest in the world.
Apart from this, as India is ramping up its efforts to transition towards clean energy, Airbus CEO Guillaume Faury has recommended sustainable aviation fuel (SAF) to help the country reduce carbon emissions.
“SAF is an opportunity for India...sustainability is something that is very high on the agenda in India... India has a bigger share of aviation... of the global aviation. Therefore, India has a bigger role and a bigger responsibility to play in the global equation,” said Guillaume Faury told PTI.
Airbus CEO mentioned that the transition towards sustainability is the fourth revolution in the global aviation sector. The first revolution happened more than a century ago when we first got in the air, second was to make a safe mode of air transport and the third was to make air travel an affordable means of transportation, he added.
“Going to sustainability, which is the fourth revolution, we do not want to lose the benefits of what we have achieved so far,” Faury said.
Airbus India Expansion Spree
The European aircraft maker has increased its focus on India as a major market and is increasing its supply chain in India, including engineering services, intellectual and metallurgical supplies.
“We are increasing our supply, whether it is engineering services, where India is really good, it is intellectual supply compared to metallurgical supplies,” said the CEO of the commercial aircraft business at Airbus, Christian Scherer, according to PTI.
Last year, the company, in collaboration with the Tata Group’s Tata Advanced Systems (TASL) opened the country’s first final assembly line (FAL) in Gujarat. The facility will focus on producing 56 Airbus C295 aircraft for the Indian Air Force (IAF).
