Tata Group’s Air India signed multibillion-dollar deals with Airbus of France and Boeing of the United States to purchase 470 passenger planes in the largest shopping event in commercial aviation history—a move that is expected to significantly improve India’s image on the global stage as an emerging leader in the commercial aviation sector. Air India has placed orders for 250 Airbus planes and 220 Boeing planes in a deal worth more than $85 billion.
US President Joe Biden praised Air India’s decision to buy over 200 planes from Boeing, calling it a “historic agreement between Tata-owned airlines and Boeing.” “I am pleased to announce today the historic agreement between Air India and Boeing to purchase over 200 American-made aircraft. This purchase will support over one million American jobs in 44 states, with many requiring only a two-year college diploma “US President Joe Biden stated in a White House statement.
Joe Biden and Prime Minister Narendra Modi discussed the historic agreement between Air India and Boeing. Both parties praised the agreement as a “glorious example of mutually beneficial cooperation.”
“I look forward to deepening our partnership even further with Prime Minister Modi as we continue to confront shared global challenges—creating a more secure and prosperous future for all of our citizens,” he said.