Air India readies one of the largest aircraft deals in history
2 years, 6 months ago

Air India readies one of the largest aircraft deals in history

Al Jazeera  

The carrier plans to order up to 300 narrow-body jets from either Airbus or Boeing or both. Air India Ltd. is considering ordering as many as 300 narrowbody jets, according to people familiar with the matter, in what could be one of the largest orders in commercial aviation history as the formerly state-run airline looks to overhaul its fleet under new ownership. The carrier may order Airbus SE’s A320neo family jets or Boeing Co.’s 737 Max models, or a mix of both, the people said, asking not to be identified because the discussions are confidential. Winning a narrowbody order in India would be a coup for Boeing, as rival Airbus dominates the skies in the country, the world’s fastest-growing aviation market before the Covid pandemic. While it is not an outcome that one envisions and certainly not with a group such as the Tatas, nevertheless it has to be planned for.” Air India’s owner Tata Group is also close to an order for Airbus A350 long-range jets that are capable of flying as far as the US West Coast from New Delhi, Bloomberg News reported this month.

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