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  • Air India is on the verge of placing a historic order for 500 planes valued billions of dollar: Report

    National
    Air India is on the verge of placing a historic order for 500 planes valued billions of dollar: Report

    Boeing BA.N and Airbus AIR.PA both declined to comment. Tata Group did not react immediately to a request for comment.

    Digital Desk: According to industry sources, Air India is close to placing
    historic contracts for up to 500 jetliners worth tens of billions of dollars
    from both Airbus and Boeing as it carves out an ambitious rebirth under the
    Tata Group conglomerate.



    The orders include up to 400
    narrow-body jets and 100 or more wide-body jets, including Airbus A350s and
    Boeing 787s and 777s, they said on condition of anonymity as the massive
    transaction nears completion.



    Boeing BA.N and Airbus AIR.PA both declined to comment. Tata Group
    did not react immediately to a request for comment.