On February 13, Air India announced that it was planning to purchase 470 passenger aircrafts from the two global giants, French Airbus and American Boeing. While all three companies involved in the deal are private corporations, the importance of it became clear when Prime Minister Narendra Modi spoke with French President Emmanuel Macron and US President Joseph Biden after the announcement of the deal. Even British Prime Minister Rishi Sunak praised the deal. A statement from the British high commission said the deal is worth billions of pounds to the UK as a “significant portion of the manufacturing process for the new aircraft is expected to take place in the UK,” HT reported.
How important is the Air India-Boeing-Airbus deal for India’s trade relations with these three countries? Here are four charts that explain this in detail.
