Tata-Owned Air India Signs 'Largest Deal In Aviation History' With Boeing, Airbus To Buy 500 Aircrafts

Daily Current Affairs / Tata-Owned Air India Signs 'Largest Deal In Aviation History' With Boeing, Airbus To Buy 500 Aircrafts

Change Language English Hindi

Category : Business and economics Published on: February 14 2023

Share on facebook

Air India has signed a deal to buy about 500 new planes worth more than $100 billion at list prices, in what is said to be the single largest order by any airline in aviation history.
Air India is set to buy 250 Airbus planes, split between 210 single-aisle A320neos and 40 widebody A350s, and 220 Boeing aircraft, including 190 of its 737 MAX narrowbody jets, 20 787 widebodies and 10 777Xs.
Air India has also signed deals with engine makers CFM International, Rolls Royce, and a joint venture between GE Aviation and Safran for the supply of engines.
The Tata Group, which currently operates Vistara and AirAsia India, apart from Air India and Air India Express, is also consolidating its operations under one brand.