It was announced today that Air India will buy 220 Boeing planes for $34 billion. Tata-group-owned Air India has placed an order for 470 aircraft, which includes 250 planes from Airbus and 220 Boeing jets. The announcement is made by US President Joe Biden, stressing that PM Modi is looking forward to extending India-US ties. On Tuesday, Tata Sons Chairman N Chandrasekaran announced that Air India has signed a letter of intent to obtain 250 airplanes from Airbus. US President Joe Biden said in a statement that “I am proud to announce today the purchase of over 200 American-made aircraft through a historic agreement between Air India and Boeing.

Source: The Hindu February 14, 2023 23:27 UTC