Air India to buy 250 Airbus planes: What we know about the ‘historic’ deal

Tata Group-owned Air India has agreed to buy 250 jets from Airbus, part of a massive deal for 470 planes, underlining the surging demand for air travel fueled by the country’s swelling middle class.

The virtual event was attended by Prime Minister Narendra Modi and French President Emmanuel Macron, signalling the political and economic importance of a deal involving India’s former flag bearer.

“This important deal shows, along with the deepening of relations between India and France, the successes and aspirations of the civil aviation sector in India. Today, civil aviation is an integral part of India’s growth,” Modi said.

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