Air India, a Tata Group-owned global airline, has signed purchase agreements to acquire 470 aircraft from Airbus and Boeing, going one step further in its $70 billion (based on list prices) fleet expansion program that it announced in February this year. The purchase agreements were signed on the sidelines of the recent Paris Air Show.
Air India’s firm orders include 34 A350-1000, six A350-900, 20 Boeing 787 Dreamliners and 10 Boeing 777X widebody aircraft, as well as 140 Airbus A320neo, 70 Airbus A321neo and 190 Boeing 737MAX narrowbody aircraft.
The Airbus A350 will lead the deliveries of the new aircraft later this year, with the bulk of the order to arrive from mid-2025 onwards.