India
Air India-Airbus & Boeing colossal deal: From US to UK to France, all hail India’s multi-billion pact
US President admitted on record that the mega order by Indian firm will help generate 10 lakh jobs in America, across 44 states.
New Delhi: As Tata Group-owned Air India inked a colossal deal for 470 aircrafts with world’s biggest aviation companies Airbus and Boeing, US President Joe Biden hailed the multi-billion dollar pact by India’s flagship carrier and spoke of its long-term impact on US employment. Apart from Joe Biden, UK Prime Minister Rishi Sunak and French President Emmanuel Macron were also all praise for the historic deal.
An official statement said that US President Joe Biden & Prime Minister Narendra Modi discussed the historic agreement by Air India to purchase 200 American-made aircraft Boeing. US President admitted on record that the mega order by Indian firm will help generate 10 lakh jobs in America, across 44 states.
French President Emmaneul Macron commended the multi-billion deal and said that it will mark new era of strategic ties between India and France. He also thanked PM Modi for India’s interest & confidence in French industry.
The contract that Airbus and Tata Sons signed this morning marks a new stage in India and France’s strategic partnership. Thank you @NarendraModi, for your confidence in France and our industry.
— Emmanuel Macron (@EmmanuelMacron) February 14, 2023
United Kingdom PM Rishi Sunak also saw this deal as a ‘gamerchanger’ for UK’s aerospace sector and said that this mammoth agreement will not only support jobs but also add pace to its economy.
This is one of the biggest export deals to India in decades and a huge win for the UK’s aerospace sector.
With wings from Broughton and engines from Derby, this deal will support jobs around the country and help deliver one of our five priorities – growing the economy. https://t.co/Zs0Qqf37Yr
— Rishi Sunak (@RishiSunak) February 14, 2023
What Air India is buying
As per the multi-billion deal, the Air India will buy a total of 470 aircrafts at a whopping budget of $80 billion.
According to official statement, the AI order consists of 210 Airbus A320/321 Neos, 190 Boeing 737 MAX (all single-aisle aircrafts). It also ordered wide body including, numbers of which stands at 40 Airbus A350s, 20 Boeing 787s and 10 Boeing 777-9s.
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