Reuters reported that Air India “is close to a deal to order more than 200 Boeing jets including 190 narrowbody 737 MAX and 30 widebody 787s – part of an historic fleet shake-up roughly split with Boeing’s European rival Airbus, industry sources said on Friday.” The deal is “also expected to include an unspecified number of Boeing 777X long-range jets, they added.” Airbus is separately “moving towards a deal with Air India including at least 200 of its A320-family narrowbody jets as well as dozens of larger A350s, industry sources said.” Both The Boeing Company and Airbus declined to comment, but the orders split between the two major aircraft makers would reportedly cost tends of billions of dollars as the Tata Group-owned airline looks to create a renaissance for the carrier.
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Tag: Air India
Air India Prepares for One of the Largest Deals in Aviation History
Bloomberg reported that Air India Ltd. may order 300 “Airbus SE’s A320neo family jets or Boeing Co.’s 737 Max models, or a mix of both.” This would be “one of the largest orders in commercial aviation history as the formerly state-run airline looks to overhaul its fleet under new ownership.” While a “deal for 300 737 Max-10 jets could be worth $40.5 billion at sticker prices,” the production and “delivery of 300 planes would likely take years or even more than a decade.”
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