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Old 16th Feb 2023, 04:20
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Winemaker
 
Join Date: Dec 2017
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Air India Aircraft Purchase

Air India is purchasing $100 billion dollars worth of aircraft. According to the New York Time, Tata Group will be buying 470 airplanes. Link below, but pay walled.
An Indian airline has ordered a record 470 planes, worth more than $100 billion at list prices, from Boeing and Airbus, in a sign of the scale of the post-pandemic rebound in the aviation industry and the growing market in India.

The deals, struck by Air India, are part of an ambitious overhaul by the Tata Group, the powerhouse conglomerate that took control of the carrier about a year ago. It is planning to buy 220 jets from Boeing and 250 from Airbus, and is expected to pay less than list price, as is typical in such transactions.
https://www.nytimes.com/2023/02/15/b...us-boeing.html

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