In what is being termed the largest purchase in the commercial aviation industry, Tata Group-owned Air India said it will buy a total of 470 wide-body and narrow-body planes from Airbus and Boeing.
The total deal value is estimated to be at USD 80 billion, around Rs 6.40 lakh crores, PTI reported.
"The order comprises 40 Airbus A350s, 20 Boeing 787s, and 10 Boeing 777-9s wide-body aircraft, as well as 210 Airbus A320/321 Neos and 190 Boeing 737 MAX single-aisle aircraft. The A350 aircraft will be powered by Rolls-Royce engines and the B777/787s by engines from GE Aerospace. All single-aisle aircraft will be powered by engines from CFM International," the airline said in a statement.
According to Air India, the first of the new aircraft will enter service in late 2023 and the bulk of the planes are to arrive from mid-2025 onwards.
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