An Indian airline announced a giant deal yesterday. Air Indiaextending a hand of cooperation to both Europe and the United States, which welcomed the move to deepen economic and political ties with New Delhi. In particular, the carrier ordered 470 aircraft from Airbus And Boeing as part of its revival under a new owner company Tata Group. Preliminary deals now include 220 aircraft from Boeing and 250 from Airbus, dwarfing previous booking records for a single company. For its part, Air India is competing with local giant IndiGo to serve India’s soon-to-be-largest population. According to a related Reuters report, US President Joe Biden called the agreement “historic”.

The Airbus order includes 210 A320neo narrow-body aircraft and 40 A350 wide-body aircraft, which Air India will use on “extremely long haul routes,” Tata Chairman Natarajan Chandrasekaran said. Along with 25 more Airbus aircraft to be leased to meet immediate needs, the total number of aircraft acquired reaches 495, an Airbus executive said. mini jumbo 777X. Meanwhile, in December 2022, Reuters reported exclusively that Air India was close to a record order of almost 500 aircraft. The renaissance of the airline under the Tata group is aimed at exploiting the growing base of flying aviators in India and their wide distribution around the world. Air India’s new chief executive, Campbell Wilson, is working to restore its reputation as a world-class airline and shed its image of a backward and seedy company with an aging fleet and poor service.

In addition, the political and economic significance of the agreement was jointly emphasized by Indian Prime Minister Narendra Modi and French President Emmanuel Macron. “This important agreement demonstrates, along with the deepening of relations between India and France, the achievements and aspirations of the Indian civil aviation sector,” Modi said. “This achievement shows that Airbus and all of its French partners are fully committed to developing new areas of connectivity with India,” Macron said in a digital statement, given that France is one of Airbus’s partner countries. The agreement in the field of aeronautics is considered more beneficial, since the French president promised that his country will cooperate with India in other areas. Finally, Tata Chairman N. Chandrasekaran stressed that Airbus and his company are working on broader cooperation plans, including the prospect of setting up a civil aircraft manufacturing base in India.