01-01-1970 12:00 AM | Source: Reuters
Air India agrees to buy 250 planes from Airbus
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Air India has agreed to buy 250 jets from Airbus, including 210 narrowbody planes and 40 widebody aircraft, N Chandrasekaran, chairman of Tata Group, the airline's new owner said on Tuesday.
The deal is part of a huge order by Air India for 470 planes which is expected to also include an order for 220 planes from Airbus rival Boeing as it heralds a decade-long expansion and reinvents itself under Tata.
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