Air India has placed an order for 470 aircraft from Airbus and Boeing at a list price of $70 billion, according to Chief Executive Campbell Wilson, as the airline seeks potential to expand in long-haul international travel.
Order
Airbus, the largest manufacturer of aircraft, yielded to supply pressure from industry and halted the ramp-up of production for its best-selling A320neo-family jet and set a delivery target for 2023.
A contract between Malaysia Airlines and Airbus to replace its current fleet of 21 A330 aircraft with the more modern A330neo aircraft is almost complete.
At the largest airshow in the UK, Farnborough, American investment company 777 Partners has secured a contract to purchase up to 66 Boeing 737 MAX aircraft.
Boeing ANA HOLDINGS, the parent company of All Nippon Airways (ANA), held a signing ceremony today at the Farnborough International Airshow to formalize an order for 20 737-8 airplanes, with 10 options in addition to the airline’s selection of the new 777-8 Freighter.