Airbus CEO on IndiGo Order, Decarbonization, A220 Plans
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- Опубликовано: 19 июн 2023
- Airbus Chief Executive Officer Guillaume Faury discusses the sale of 500 A320 family aircraft to Indian carrier IndiGo, decarbonization efforts, and a possible stretched version of its A220 aircraft on "Bloomberg Markets."
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Currently in India only 4% of the population have ever flown by planes! Also, the y-o-y growth is robust and the opportunity for more planes being added to the domestic fleet is HUGE, without counting the international travel by Indians!!
India is geographically smaller than China if we can make high speed railway work it would be more efficient
There is no way it can be only 4% of the population. I would say it’s over 25% at the very least. You must be talking your numbers from 1970-80s.
@@yorisingrango9837that would take longer to set up than the order of planes could be fulfilled and they just had that insanely catastrophic train crash a few weeks ago.
@@yorisingrango9837 It is much harder to do in India due to land acquisition, but I hope we will get there eventually.
True. My entire family have never set a foot on a plane. Even many of my friends, let alone their families!
I see a market in the future.
Such a intelligent CEO, well spoken, straight forward. Always a pleasure watching such people speak.
In last 9 years india added up 74 new airports to total 144 from 70 in 2014 and government plan is to make it to 220 airports by 2025. India has become the third-largest domestic aviation market in the world and is expected to overtake the UK to become the third-largest air passenger market by 2024.
In 2013-14, there were 400 aircraft in the nation and currently, there are 710 aircraft with more than 100 planes expected to join each year
OMG...
Aur phir log puchte hain modi ko kyu vote Dena chahiye.
NAMO2024
Most of the airports are lying empty because of flawed central government policies. Kannur airport is a prime example
And modi will sell all those airport to adani on the exoense of common man like you and me
@@Heisenberg2K kannur airport was a wrong decision taken by UPA. Within distance of 500 kms there were 4 international airports ( Trivandrum, Kochi, Kozhikode and Mangalore )all these 4 airports were doing well, There was no need of 5 th in Kannur. Just for petty politics they constructed kannur airport without any feasible study, but in coming years even that airport too will be busy.
Airbus' CEO is so articulate; and did not "hide" from the questions! I am very interested in how they will manage the A220/500; and also to see if it will influence the future growth of the A321 extensions.
Yes, I am always amazed nowadays to see a interview were you get straight answers. It became so rare.
That will be very interesting. Being currently working with Airbus for A220-100 and -300, I could say -500 is very far away
Yeah TRUE boss knowledge about his trade
Won’t be surprised if Airbus sets up an assembly plant for narrow aisle planes in India like the one in Tianjin, China.
Nope. Not for two Indian orders. Sorry but no.
@@Sedna063 wow! Did you see that in your enchanted crystal ball?
@@Sedna063 Two orders worth 750 planes. Worth at least $50B even after discounts. I think there’s a definite business case for it.
@@saurabhb1041 If you want to built a factory in each country for 750 orders, you won’t be in business long enough.
Planes can be built everywhere. They will find the best place and option to built them. Spending billions on a new supply network and factory in India is not done lightly only to satisfy some Indian netizens.
@@Sedna063 that's the catch here. Not "every country" orders 750 planes at a go. This is the biggest commercial order in the history of civil aviation. If the scale is this huge then customer side is meant to have some bespoke demands, one of which is local manufacturing.
it would be great if airbus open up some manufacturing facility here in india for indian fleet orders
This. Airbus needs to do more sourcing from India as well.
@@MithunOnTheNet Why?
@@Sedna063For our economy, we are greedy and proudly so, we’re going to force every company to set up their plant here and create wealth, whether it works or not is another question. That’s all there is to it.
@@GoToManbetter say to grow our economy more😊
@@dancingcar8974 The one who posted the question wasn’t genuinely questioning our motives, his comments are all biased so I want to give him a sharp answer that tells him, “Yes we are going to abuse the power of our large market and you can do nothing about it.”
The Indian market is huge and growing at a frantic pace..... The numbers are simply fantastic... India will be a v v important market for both airbus and Boeing
*India growth story* 🇮🇳💪
I think the frothy piece is a fair concern but Indigo’s orders are predominantly for the domestic India market which should see a 15% CAGR over the next decade which means 4X the current capacity. And Indigo is going to grow at a minimum at that rate if not more.
It's a British journalist. They're just jealous 😂
@@DS-ux9ldWell that explains the sour grapes 😂
@@DS-ux9ldthey really aren’t jealous, they’re journalists trying to get information out from an individual. We in India aren’t used to what journalism actually is so you may feel like they’re jealous.😊
@@shivamchaudhry5959ohh please . Don't bring your western journalists who are biased to the core and 95% of them in bed with communist and dictatorial states if not then CIA . According to your logic Karan Thapar and Rajdeep Sardesai be the God Of Journalism then , because those peec of xits are actually more triggering than western journalists.
@@DS-ux9ld There is nothing jealous here. He is just asking valid questions. We in India are just afraid of tough questions, and whenever someone asks some valid 'uncomfortable' questions we start name calling and abusing that person. This trick to cancel someone doesn't work outside India.
Great news for Indian Air lines and Air bus..
@@kumareshbabu7951stupid idea. We can run all our airlines for a century with the money that would require for R&D and factory setup.
@@kumareshbabu7951 that's a long shot for now. We don't have the engine tech.
500 flight ✈️ ordered by indigo 😮😮😮 congratulations. It’s India time. Hug opportunity for increasing domestic n international flights from India
As India grows Indians will fly frequently so expect more orders in future as well.
India has not even started.
Yeah but indigo revenue is 3 billion dollar
How will this work out?
It will take 15 years at least
@@rishabgaba8586 it doesn't work like that in airline business. IndiGo won't outright buy the planes. Airbus will sell the planes to a leasing company and then IndiGo will lease the planes from that company, essentially paying rent for the rest of it's time. The rent is substantially lower and it gets cut from the net revenue of IndiGo. Better alternative than outright buying the plane. Most budget carriers have leased planes.
Let's pray to God that he brings back the glory back to our country 🕉🕉
@@rishabgaba8586tu photo kichta reh ❤du sala
@@Arya_Chakravartiis there no Gloria on this moment?
A key question for Airbus: Why are they willing to expand their A320 production line in China, where future growth might not be as good due to the COMAC C919 but show no interest in setting up a production line in India? Indigo and Air India combined have over 1100+ A320 family jets on order!
Because of the intrinsic problems in India production.
Everyone wants to move production line out of China, but they could not. Like apple, now most of their products are still manufactured in China, while small amount are produced in Vietnam? Why not India for apple? Actually, they did set up factory in India, but with defects rate up to over 50 percent, at worst time, out of 4 phones, 3 are defective, while China has over 99 percent quality assurance.
There is a reason why most electronics are assembled in China. China factories are efficient, while good quality.
For a million dollars price aircraft, do you want it to be built in India, where they can’t build an electric car, or phone, profitably while maintain minimum quality? Airbus will not make money at least for now if factory is set up there, and if it is safe enough for people to fly on plane made in India? Theoretically, as India order so many planes, it is best to just set up an assembly line there, but no plane manufacture dare to do that. Brazil, Russia, China, Europe, Japan plane manufactures all refuse to go into the market, for a reason.
If India want to attract plane manufactures, or other companies to set up high end electronics manufacturing line in India, India should solve some intrinsic problems in the society.
Firstly, people needed to be educated well. Just 4 percent of Indian are wealthy enough to fly on plane, so I consider them to be elite. But even the elite will just urinate and defacate on the aisle on the plane. And when we move outside the airport, some people literally die on the side of the road while no one cares, but when a cow is hit by a car, everyone will go and save the cow. These kind of basic moral problem needed to be solve first.
Secondly, the living condition needed to be improve that it is attractive for foreigner to live in. Clean, drinkable water should be provided to everyone while local piping system. Now, the water quality is so bad that many India lose their hair because they use tape water to wash their hair. Imagine wanting someone to drink them? And a proper garbage and sewage treatment and collection system should be set up. At least this make the city smell better. And better housing should be built for everyone, and make the city looks and function better. Infrasturctures should be improved, and things like the recent train accident will be avoided. Near thousands die in just one train crash, in 2023. Who will want to live there, or even set up factories there.
When all problems mentioned above solved, everyone companies will rush and set up factories in India. But I don’t see how India, with the world largest population, a big country to change in these few years. Let’s wait and see.
@@hugochan2821bro did you graduated from whatsall university, cause you works are not making sense here man. I think you should actually check the sources again. Also this is just for the starters. Air india and indigo have said they will be doubling there fleet by 2030, and also said that they will ordering around 1100+ aircrafts by the end of 2030, given that the number of airports will be doubling by the end of 2030, it does makes sense to order more and more, and they just won't stop there.
The business opertunity is very very high, thats why you are seeing so many aviation related deals being done in recent time. Also TATA will start manufacturing C390 in the coming years, and it also currently builds F16s wings, also the jet engine deal where india will be manufacturing over 200+ F414 engines etc etc. All these means that the infrastructure will change rapidly over the course of years. Thus its will be a great opportunity for european companies to open there factories here.
@@hugochan2821 location hongkong
understandable
@@hugochan2821 lol lies spewed from dictator xi jinpigs own mouth
@@rickgolder6818 ok, In your first sentence you just personally attacking me about my education, to justify that my views is not correct. This is not logical, and if you have attend any logic class in universities, you will actually use evidence to refute my view.
Then, you says there is a huge market in India, which is irrelevant to the points that I make. I said there are opportunities in India, but most non Indian are reluctant to invest in India for some reasons. I have give examples of why people are reluctant to invest in India, and even some suggestions for India to attract foreign direct investment . Please tell me which part of my argument is flaws, instead of just saying I lacked education.
Reporter is a Boeing fan lol😂😂😂
India should tell airbus to start manufacturing in India...
Why would they do that? They are essentially a monopoly. It's not like manufacturing cars or something. Take it or leave it.
@@todtnau they Have to do in future or India will built own Airbus...
Like USA did GE 414 fighter jet aircraft Engine technology transfer deal with India! GE 414 engine technology is much advance technology than Europe Best and most advance engine Euro Jet EJ200.
Eurofighter Typhoon use Euro Jet EJ200 Engine!
@@theabhishekmondal lol NO. You have any idea how complex designing a passenger airplane is, let alone its engine? The Chinese economy is at least 5 times the size of India NOW and still growing faster. They've poured in billions into indigenous passenger aircraft manufacturing. And yet, they have barely managed to build one, which will still fly on engines from US or EU. It will take decades to build a prototype, but India doesn't even have plans to build one..
@@todtnauChina is not fastest growing economy anymore! India is fast growing economy! All people Knows China is slowing down!
And first of all China is 5X Bigger economy in GDP nominal
But China and USA just 2.5X and 2X just than India In real GDP teams (GDP PPP)
And
*Real GDP(GDP PPP) is Much important than normal GDP*
@@todtnau I know it's hard! But Not impossible!
Yes China also investment alot in Building passenger Aircraft and they have some success too!
People know China Is not far from building passenger Aircraft ! 10 years after you can see Chinese passenger Aircraft Dealing with few country's!
Yes India didn't started any big passenger Aircraft (India did some small passenger Aircraft project) cuz we don't need passenger Aircraft a lot back Then!
But now things are changing Indian Companies like indigo going to world largest Airlines! They need 100s of Aircraft each year! So probably not today but very soon India will Try to tap in this market too! Next 5 -10 years!
If only we had brilliant CEOs like this in British industry instead of hopeless 'yes' men whose sole concern is a pathetic knighthood this country would not be in the bankrupt mess it is now in.
Abolish the monarchy completely and grow a spine so you can stop being the US puppet in chief and the country will start doing fine.
Yea i was shocked how direct and brillant CEO of Airbus.
It makes sense as there are possible new entrants in the market offering products similar to A320 and Boeing 737 families. MC21 might not pose that competition due to sanctions imposed however C919 could pose a challenge. Plus a market that is growing makes more sense for all companies to target.
The host is dead ass jealous 😅💀
Low-key american 😂
@@wadehiggins1114 He's British.......
@@brian5154 Usual suspects
Western journalists finding it difficult to swallow the fact that Indian airlines are ordering humongous amounts of aircrafts . Only thing that is frothy is the champagne celebrations.
Thousands and thousands of planes coming to India
I would like to see more interviews like this 😊
Credits to the interviewer who is genuinely passionate and asked intelligent questions.
I think Airbus has plenty of problems already with Pratt & Whitney engines, which powers some of their aircraft. This is causing set-backs from airlines already committed. They seem to be so confident that they will save an enormous amount of fuel in the coming years, and think they are first in line with such a project.
We can not compare the excitement and comfort while travelling on widebody.If the battle is low fare,then operating cost tells all.Widebody vs narrow body to factor of crew.
Quel charisme et un bon répondant , très bonne représentation bravo Mr Faury.
Boeing is in a tailspin... smart money is on AirBus
Agreed
TATA placed order worth 50bn Boeing jets
@@banksterkid5930 So?
@@cockyrooster361 so how can Boeing be in tailspin with such large order
@@banksterkid5930because Airbus order was so much bigger!
Airbus deserve all the success and orders coming their way
very few ask the right questions, and this bloomberg reporter just did it.
The calls for the A220-500 are getting louder. But airlines don't want a simple stretch of a highly efficient aircraft, they are calling for a long list of special flight capabilities from the A220-500:
Airlines want loads of engine power and performance superiority to access challenging airports and jump off short runways (
I recently came from Calcutta to Silchar with my family and parents by Indigo flight and the Aircraft was Airbus A 320.What surprised me most was while flying from Calcutta to Silchar the Aircraft had to fly through immense turbulence but the Aircraft Airbus A320 could with stand such tough conditions which is turbulent weather 🙄 really hats off to Airbus A 320 Aircraft 👍🙏🙏
Every plane can go through any turbulence
superb quality journalism
India should order a few journalists too 😂
Manufacturing maynot happen but definitely assembly to reduce costs
In near future roughly around 100 planes will retire from indigo fleet . So bulk order was necessary....
@@iridium8341 I am aware but just saying indigo had previous orders too which not been delivered yet ... this order is follow up slots...
Golden bird 🕊️ flying 🇮🇳
The P&W engines have been a huge problem, its even bankrupting some airlines. Not one question about that?? strange.
@@averagestudent1158 Really? Which boeing has P&W engines?
They can still pick the CFM LEAP. Or wait.
Yes, P&W faulty engine's has Bankrupted an Indian airline now they filed lawsuits against P&W in US.....
Yup so many engine failures for PW
As Indians we really like Airbus over Boeing. Where Air India went 50-50 on their 450+ order am glad IndiGo went all in for 500 with Airbus.
That tells Indian economy is expect to grow .. in USA macro follows micro.. Dow jones transportation average leads Dow jones industrial average .. which means our economy is going be super strong in 2030.. 7 years from now
Great Work Airbus
Yes, good idea interviewer, try to tell the CEO of the best run aviation company to integrate with the worst run aviation company (Rolls beats Boeing a little here).
The thing is whether Airbus has enough staff to articulate such elephant size order!!! Anyways, well done, Indigo, and India. Sky is the limit of success
The interviewer knows his stuff
Not sure why Westerner world has doubts, in India we are facing shortages of aircrafts be it Indigo, Air India, Spice Jet, or any other. We need more flights for international connections as we rely on other airlines a lot for the same like Emirates, United, SIA
That's great move, please manufacture these fastly.
Missed opportunity we should force them to assemble some planes in india like tata airbus defence
The numbers are telling the future
the demand are surging
The number of airports will be increased by government too this is best time to invest in aviation sector in INDIA
How to buy Airbus shares from India?
Info received
Bullet train concept plant have to setup
Under make in india airbus uttar pradesh
Nothing like this is planned
Boeing must be furious over losing this deal to Airbus.
Air India ordered hundreds of Boeings. But no doubt Boeing is looking at all the Airbus success and wishing for a different outcome. That said, Airbus need to actually build these, which includes the engines AND IndieGo need to actually take delivery...
The A220-500 is coming. RIP 737
Eh 14 years in the market and the A220 has ~800 orders. 737 has over 5400 and Indigo went with the A320, not the A220.
LOL!! true
Love this statement
BEST WISHES
Reporter is not happy with indigo orders😂
Now it's almost 1000 order from india 😀
No make in India?
Wait 3-4 years till we have the infrastructure ready for manufacturing, Indian companies and Govt are working on it in Gujarat, Chennai and Uttarakhand
Good day
Strange line of questioning.
Half of world airlines are suffering from engine problems
Build a manufacturing plant in india
Indigo and Air India should have made a bid for Airbus, given the attitude of the interviewer.
airbus is not one company. Most are govt controlled.
The Fench should drop the word "R" and instead use KH"
💚
Enfin un français qui parle "correctement" l'anglais. Finally a frenchman speaking "correctly" english 😂 I wish the best to Airbus it's a fantastic company showcasing what Europe can achieve when united !
Indigo should go for new engine tech not older one
New does not mean its better and more reliable
By the Time Indigio Planes are Delivered they will be Legacy and Airbus will have new Technology Next Gen Aircrafts after 2035.. And Indigo will still be tagged as an Airlines Carrier with most Carbon fuel emissions in the World by West! 😮😢
Sad to see the avionics companies not going to make in India initiative rather prefer acquiring readymade planes.... Take an example of armed forces by initiating local production with transfer of technology even in 114 mrfa deal....
Set up a manufacturing plant in india.
I don't like the interviewer trying every which way to be critical. Just ask questions so the guy can openly talk about Airbus without phrasing everything in a way that makes every question a trap.
Everyone in the world seems to be moving towards Airbus beside American airlanes.
Credits to the 737 MAX🙃
For some reason I want him to give me a pizza with a chef's kiss.
Indi go shoyld have gone fir Concorde ...insia will need Concorde un future. . Concorde wasagead if times and was marked wrongly in UK a defunt economy ..today Concirde wikl sail with india and UAE .think guys
India should manufacture the commercial planes
Nope
Indigo Is Legend
Hell as an Indian with increasing living and spending capacity, I dont want to travel by train anymore, if possible I prefer air travel but flights are so less and airports so far. Indian Govt, FDI investors, please pour in money in India as compared to China we lack both and huge disparities are there.
He is talking about A320 airframe? LOOK AT THE AGE OF THE 737 AIRFRAME
safe to say we won't be hitting any climate goals with more planes in the sky.
I agree Western countries must reduce the number of airplanes they own
But our Airfare is fanatically high!! It does not matter to common people if you are adding 500 or 5000 airbus. Frequent travelers like us want cheaper flight option. Fun fact, recently I have flown from Venice Marco polo to Paris Orly in 210 Euros for 3 members while a Mumbai to Kolkata round trip per person through out the year now stands around 180 Euros!! Indian aviation industry is highly unregulated in terms of pricing... Flight price has to come down..
If more planes, fare will come down
WTF happened to Britannia? Asking the French to BUY OUT, RR ??? where did they go wrong?
India has good engineering base, why can't India,🇮🇳 start building their own planes like Chinese COMAC C919. As already tatas have JV with otheir foreign companies. Boeing Airbus, Rolls Royce , Pratt and Whitney to name few . When everyone think there is a market in india ateast next 30 yrs due to population , government should staart thinking. Whats HAL is doing ?? 😢
Reporter host accent 😂
Airbus ko India me manufacturing karni chahie in 500 planes ki tata ne bhi order diya 😃
Airbus does not have to
Airbus is opening factory in Ulhasnagar to make thousands of aircrafts.
@@iridium8341 kya bhai essa negative soch rakhte ho to become manufacturing giant we have to increase manufacturing 🙃
@@Sedna063 why we are paying money and this is not last many mega orders will come and we can generate employment 🙃
And you guys say we don’t have employment
@@Jsutdo You pay money for a product. Airbus wants to make money. It’s not an employment charity
Airbus has given an order to enhance the glory of Indigo India. Earlier, Air India had increased the glory of India.
1:10
I can tell you these orders are not enough, more to follow
When journalists have some company and country favourtism they ask questions like that.
typical underconfident middle class indian defensive mindset comment
@@anonymouslyopinionated656 hey how can I download the jgp in your pfp? Is that some sort of quadrant?
BLOOMBERG..🙄..USA..🙄..BOEING
..... jealousy ???🤔
Put a former pilot and former accountand as CEO you got different kind of mentality.
Approx 1000+ orders of Airbus plane
Make in india 😂
Haha! The reporter is unable to digest the fact than INDIANS are order more planes!
Interviews without a political sublayer are so rare these days.
😂Bro every day Engineer Coming up … very soon u will be replaced
Hey millionaire what on lol
Kalki vaishnavi
Next time do remember we ain't poor as you wanted us to be after looting us.
Indigo should buy Airbus 😅
decarbonization...what a joke
Duopoly is bad
Dear AIRBUS CEO Indian have give you huge order,atleast you can give me one job in your company with good salary
Boeing fans are salty .