Air India unveiled orders for 470 Boeing and Airbus passenger jets as it races to tap surging demand for increasingly affordable air travel from the nation's growing ranks of middle-class consumers.
FILE - In this June 17, 2019, file photo, an Airbus A 350 - 1000 performs a demonstration flight at Paris Air Show in Le Bourget, east of Paris, France. The owner of Air India announced a deal Tuesday Feb.14, 2023 to buy 250 Airbus jets, including A350 wide-body planes and A320neo single-aisle planes in a deal worth billions of dollars. Air India, owned by Tata Group, is reportedly considering a similar order for Boeing as part of expansion efforts.
India’s largest international airline and second-largest domestic carrier is buying 220 Boeing aircraft valued at $34 billion. It marks the U.S. plane maker’s third-largest sale of all time, in dollar value, and its second of all time in quantity.
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