A year after coming into the Tata group, Air India on Tuesday said it had placed an order for 470 planes: 250 with European plane maker Airbus and 220 with American giant Boeing — the world’s largest ever single-tranche aircraft purchase.
By doing this it has eclipsed American Airlines’ 2011 order for 460 planes.
At list price the aircraft deal is valued at over $70 billion.
From Airbus, Air India has ordered 40 wide-body A350 planes and 210 narrow-body A320neo family planes, and it has the option to increase the size of this order.
From Boeing, the airline has ordered 10 wide-body B777X planes, 20 wide-body B787 planes, and 190 narrow-body B737MAX planes, with an option for an additional 20 B787s and 50 B737MAXs.