The largest international carrier in South Asia, Air India, is about to place a historic aircraft order for up to 500 new aircraft, about a year after it was privatized.
According to Reuters, officials plan to place orders with both Airbus and Boeing for up to 400 narrow-body and 100 or more wide-body aircraft.
Several Airbus A350s, Boeing 787s, and Boeing 777s will be included in the wide-body jet category, according to the reports, while the airline will purchase about 400 Boeing 737 MAXs for the narrow-body category.
Meanwhile, Aerospace corporations and Boeing have not shared any update and Tata Group also remained tight-lipped about the purchase of the jets, the report said.
Indian conglomerate Tata Group first owned Air India initial in the 1930s, and after nationalization, the government purchased a majority stake in the carrier.
The change will coincide with the merger of Air India and Vistara and Singapore Airlines’ acquisition of a quarter stake in the airline.
