Biggest Aviation Deal: Air India To Buy 500 Jets From Airbus, Boeing
Air India will get 250 Airbus planes. The company plans to acquire 220 ‘Boeing aircraft’, 190 ‘737 MAX narrowbody jets’, 20 ‘787 wide-bodies’ and ‘10 777Xs’. According to a Reuters story, Air India , a company owned by the Tata Group, has inked contracts with Airbus SE and Boeing Co. for roughly 500 new aircraft, totaling more than $100 billion at list prices. Given that Air India is getting ready to overhaul itself under the Tata Group with a fleet that uses less fuel, this could be the biggest single order ever placed by any airline. It was first reported in December that the agreement, which is divided equally between France’s Airbus and the United States Boeing, might ultimately be made public next week. 250 Airbus aircraft will be delivered to Air India: 210 single-aisle A320neos and 40 widebody A350s. It intends to purchase 220 Boeing aircraft: 190 737 MAX narrowbody aircraft, 20 787 wide-body aircraft, and 10 777X aircraft. According to the article, the contract was s...