Home FEATURED NEWS Exclusive: Air India nears historic order for as much as 500 jets

Exclusive: Air India nears historic order for as much as 500 jets

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PARIS/NEW DELHI, Dec 11 (Reuters) – Air India is near putting historic orders for as many as 500 jetliners price tens of billions of {dollars} from each Airbus and Boeing because it carves out an formidable revival underneath the Tata Group conglomerate, business sources mentioned on Sunday.

The orders embrace as many as 400 narrow-body jets and 100 or extra wide-bodies together with Airbus A350s and Boeing 787s and 777s, they mentioned, talking on situation of anonymity as ending touches are positioned on the mammoth deal in coming days.

Airbus (AIR.PA) and Boeing declined to remark. Tata Group didn’t instantly reply to a request for remark.

Reporting by Tim Hepher, Aditi Shah. Editing by Jane Merriman

Our Standards: The Thomson Reuters Trust Principles.

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