Highlights

  • Air India seals the deal with Boeing and Airbus
  • Deal to buy 500 planes finalised: report
  • The announcement likely next week

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Air India's jumbo deal to buy 500 planes from Boeing and Airbus sealed: report

the deal could be announced as early as next week and is split equally between France's Airbus and Boeing. 

Air India's jumbo deal to buy 500 planes from Boeing and Airbus sealed: report

Air India has sealed a mega deal for about 500 new planes worth more than $100 billion at list prices, according to a NDTV reported, citing Reuters.

As per the report, the deal could be announced as early as next week and is split equally between France's Airbus and rival planemaker Boeing.

In its jumbo deal, Air India has agreed to purchase 250 Airbus planes, and 220 Boeing aircraft apart from 10 777Xs.

The report further said, Airbus and Air India signed the agreement on Friday. However, Boeing agreed its deal with the airline on Jan. 27.

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