Eyeing expansion: Air India aircraft on the tarmac at the Indira Gandhi International airport in New Delhi. The airline says it is finalising a historic order of new aircraft to power future growth. — AFP
NEW DELHI: Air India will seal half of an order for some 495 jets with Boeing and engine suppliers General Electric and CFM International, industry sources say, as its new owner seeks to revive the airline and compete with larger rivals.
After months of closely guarded, tough negotiations, Air India was set to place an order for 190 Boeing 737 MAX narrowbody planes as well as some 20 Boeing 787s and 10 Boeing 777X yesterday, on a day marking one year since Tata Group took control of the former state-run carrier, two sources told Reuters.
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