How secret talks in luxury London hotel led to record order for nearly 500 planes
“This is a significant win for the UK’s world-leading aerospace sector and one which will help to secure thousands of highly-skilled jobs across the country and drive economic growth,” she said. “It’s a shot in the arm for UK exports as we aim to sell £1trn of goods and services a year to the world by the end of the decade.”
It has vowed to modernise the flag carrier, whose reputation for punctuality, service and value for money suffered as its finances deteriorated. Guillaume Faury, Airbus chief executive, said the Indian aviation industry is ‘the fastest growing in the world’ “The order’s massive, but a lot of it is long overdue replacement. Air India is way behind in modernising their fleet,” said Brendan Sobie, a Singapore-based independent aviation analyst.
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