Airbus CEO highlights India's aviation innovation potential

Airbus CEO Guillaume Faury discussed the future of aviation in India during a recent event. He highlighted the importance of India's strengths in engineering and innovation for the company's growth. Faury stated that improvements in aircraft engines will benefit the A320neo operations in India's challenging climate. Airbus has ambitions for a production rate of 75 aircraft per month across various global assembly lines. However, Faury noted that establishing a new Final Assembly Line (FAL) in India for next-generation planes will depend on future developments, possibly a decade away. He emphasized that India’s role goes beyond assembly and plays a significant part in the broader aviation industry. Faury mentioned the importance of a strong supply chain as Airbus sources an increasing amount of goods and services from India. The company's sourcing amounts to $1.4 billion, expected to rise to $2 billion by 2030. Indian firms are expanding their capabilities and looking beyond domestic markets. The CEO praised the growth of the Indian aviation market, citing expanding fleets and ambitious airport development plans. Nevertheless, he acknowledged challenges like workforce training and expertise that need addressing. When discussing engine issues, Faury confirmed Airbus's collaboration with airlines and manufacturers to improve engine performance. He is optimistic that advancements will enhance aircraft durability in India's hot climate. Faury distinguished India's approach from China's, noting the unique role of India's private sector in the aviation supply chain. He believes this diversification in innovation sets India apart and positions it as a vital player in global aerospace. Finally, Faury remains cautious about future supply chain challenges and other external factors, such as tariffs and partnerships. Overall, he sees great potential in India's aviation sector.