Tata Group-owned global airline Air India, on Tuesday, signed purchase agreements to acquire 470 aircraft from Airbus and Boeing, going one step further in its $70 billion (based on list prices) fleet expansion programme that it announced in February this year.
The purchase agreements were signed on the sidelines of the ongoing Paris Air Show.
Air India’s firm orders include 34 A350-1000, six A350-900, 20 Boeing 787 Dreamliners and 10 Boeing 777X widebody aircraft, as well as 140 Airbus A320neo, 70 Airbus A321neo and 190 Boeing 737MAX narrowbody aircraft.