Air India on Tuesday announced plans to acquire 470 aircraft from Airbus and Boeing under deals potentially worth tens of billions of dollars, with Prime Minister Narendra Modi, French President Emmanuel Macron, and US President Joe Biden hailing the agreements as important steps towards deepening India’s strategic partnership with the two countries.
Modi and Macron participated in a video call during which Tata Group chairperson N Chandrasekaran and Airbus CEO Guillaume Faury unveiled a deal whereby Air India will procure 250 aircraft, including 40 A350 wide-body aircraft for long distance routes, and 210 A320 narrow body aircraft for domestic and regional flights.