Latest news with #CFMLEAP1A
Zawya
5 days ago
- Business
- Zawya
Oman: SalamAir expands fleet with new Airbus A321neo aircraft
Muscat – SalamAir, the Sultanate of Oman's budget carrier, has announced the arrival of its newest Airbus A321neo aircraft, named 'Mutrah' after a public vote by guests and followers on Instagram. The arrival of this aircraft brings SalamAir's fleet to 14 aircraft, underscoring its ongoing commitment to enhancing operational efficiency, improving customer experience, and reducing the environmental impact of its operations. The aircraft features advanced, highly efficient CFM LEAP-1A engines, which contribute to a 20% reduction in fuel consumption per seat and significantly reduced carbon dioxide emissions. The aircraft also complies with global environmental standards, achieving a 50% reduction in nitrogen oxide (NOx) emissions and a noise reduction of more than 15 decibels compared to the International Civil Aviation Organization (ICAO) standard. The aircraft features 212 seats with a modern interior design, including USB charging ports in every seat, allowing our valued customers to enjoy a comfortable and smooth travel experience. The aircraft's operational range reaches 4,000 nautical miles, giving Salam Air greater flexibility in operating medium- and long-haul flights. 'The addition of the new A321neo to our fleet is an important step in enhancing our operational capacity in preparation for the peak season,' said Adrian Hamilton Mans, CEO of SalamAir . 'This aircraft gives us greater operational flexibility, enhances our ability to meet flight schedules, and improves our operational KPI.' He added, 'With the addition of this aircraft and another expected later this month, our average fleet age will be reduced from 5.6 years to approximately 4.8 years, making us one of the youngest airlines in the region. This is in line with our strategy of focusing on enhancing operational efficiency and reliability, while delivering added value to our guests.' The addition of the A321neo aircraft further strengthens SalamAir's comprehensive strategy, which focuses on fleet modernization, network expansion, and operational efficiency. With a newer, more efficient fleet, the airline is fully prepared to explore new markets, increase flight frequencies to high-demand destinations, and further contribute to the growth of the aviation and tourism sectors in the Sultanate of Oman.
Times of Oman
6 days ago
- Business
- Times of Oman
SalamAir welcomes new Airbus A321neo to expand operations
Muscat: SalamAir, Oman's low-cost carrier, has announced the arrival of its newest aircraft, the Airbus A321neo named 'Muttrah', which was chosen through an Instagram vote by our passengers and followers. This new addition brings SalamAir's fleet to 14 aircraft and further strengthens the airline's commitment to efficient operations, enhanced passenger comfort, and environmental responsibility. Powered by advanced CFM LEAP-1A engines, the A321neo offers significant sustainability and performance benefits, including up to 20% reduction in fuel burn per seat and lower CO₂ emissions. The aircraft also meets the highest environmental standards, with NOx emissions cut by 50% and noise levels reduced by over 15 decibels compared to International Civil Aviation Organization (ICAO) regulations. With a seating capacity of 212, the aircraft features a modern cabin design with USB charging ports at every seat, offering a more comfortable and connected travel experience. Its extended range of up to 4,000 nautical miles enhances SalamAir's operational flexibility and opens new opportunities for medium- and long-haul routes. Adrian Hamilton-Manns, Chief Executive Officer of SalamAir, commented: 'The addition of this new A321neo to our fleet marks a key milestone in boosting our operational capability ahead of the peak travel season. This aircraft will provide us with greater flexibility to uphold schedule reliability and further improve our on-time performance (OTP).' He added: 'With this addition and another aircraft expected later this month, the average age of our fleet will decrease from 5.6 years to approximately 4.8 years. Operating one of the youngest fleets in the region supports our focus on efficiency, reliability, and delivering greater value to our guests.' The addition of the A321neo also supports SalamAir's broader strategic plan, which includes fleet expansion, network diversification, and operational excellence. With a younger and more capable fleet, the airline is well-positioned to explore new markets, increase frequencies on high-demand routes, and further contribute to Oman's aviation and tourism sectors.
Mint
28-04-2025
- Business
- Mint
AIESL targets $1 billion in revenue by 2030, eyes new avenues for growth
Government-backed Maintenance, Repair and Overhaul (MRO) company AI Engineering Services Ltd (AIESL) is targeting $1 billion in revenue by 2030. To reach this target, AIESL plans to expand its services by beginning the Passenger-to-Freighter (P2F) conversion segment in the latter half of FY26. The company is on track to achieve the billion-dollar target as the firm has been maintaining constant revenue over the last 3 years, as per the company's CEO Sharad Agarwal. "We have been maintaining ₹ 2,000 crore average revenue from the last three years consistently. We will be able to achieve the $1 billion yearly revenue target by 2030 as we expand our portfolio of services," said Agarwal. According to AIESL's research, there is a huge opportunity in the P2F conversion segment, as both Airbus and Boeing grapple with pending deliveries. There is also an opportunity to convert 1,000 passenger aircraft to freighter aircraft. Also read: Air India, IndiGo brace for higher costs as Pakistan bans Indian airlines from its airspace after Pahalgam terror attack "We look forward to the first aircraft entering our facility next year. So hopefully by the end of this fiscal year, we will start P2F conversion," said AIESL's CEO. GMR Aero Technic, in partnership with Boeing, Hindustan Aeronautics Ltd (HAL), Israel Aerospace Industries (IAI), and Adani Group acquired Air Works, are the other companies working in the P2F segment. AIESL's major customers are Air India Group and the defence forces, and the company hopes to partner with other Indian airlines. While the company has also catered to international airlines like Kuwait Airways, other major airlines are not yet customers. As per leasing agreements, broader approvals from the European Union Aviation Safety Agency (EASA) are mandatory, which AIESL and other MRO companies in India currently don't have. However, the company is in the process of getting more such approvals. "We are working towards getting EASA approval for more services and will be able to bridge the gap. With more approvals, we will be able to expand base checks for more aircraft," said Agarwal. Also read: Growth the single agenda, Air India Express defies the standard LCC model AIESL currently has seven base and line maintenance facilities in seven cities: New Delhi, Mumbai, Nashik, Nagpur, Kolkata, Hyderabad, and Thiruvananthapuram. Agarwal also told Mint that AIESL should be a good option for other Indian airlines, as all the company operations are in India. He said, "Airlines may not need to send aircraft to other countries for MRO services as we have high regulatory oversight since we're present in India. All our facilities can be visited at any time by the regulator or partner airlines," said the CEO. The CEO also sees a big opportunity in engine MRO. Currently, AIESL provides engine MRO for CFM LEAP 1A, CFM56 B, GE90, GEnx and certain Pratt & Whitney engines. "Line maintenance and base maintenance make up just about 5-8% and 10-12% of the volumes. The remaining 80% opportunity is in engine and component maintenance, and the country must go big towards this segment," said Agarwal. Also read: IndiGo bomb threat: Canadian national spooks travellers onboard Varanasi-Bengaluru flight, police detain foreigner AIESL currently offers line and base maintenance for aircraft such as Airbus A319, A320, A321, Boeing 737, MAX, 787, 747, and 787. It also offers maintenance for ATR aircraft and component maintenance. AIESL's Nashik facility provides painting services for Airbus and Boeing narrow-body aircraft.
