India, France, and US Announce Purchase of 470 Airbus and Boeing Planes for Air India in Joint Summit
Indian Prime Minister Narendra Modi, French President Emmanuel Macron, and US President Joe Biden have jointly announced a deal to purchase 470 Airbus and Boeing planes for Air India. The announcement was made during a virtual summit between the three leaders.
New Delhi : Indian Prime Minister Narendra Modi, French President Emmanuel Macron, and US President Joe Biden have jointly announced a deal to purchase 470 Airbus and Boeing planes for Air India. The announcement was made during a virtual summit between the three leaders.
The deal is set to be one of the largest aircraft purchases in history, with Air India acquiring 235 Airbus A320neo and 235 Boeing 737 MAX planes. The purchase is part of Air India's plan to modernize its aging fleet and expand its operations.
The announcement comes as a boost for the aviation industry, which has been hit hard by the COVID-19 pandemic. The deal is expected to generate billions of dollars in revenue for Airbus and Boeing, as well as create jobs in the manufacturing and maintenance sectors.
Glad to speak with @POTUS @JoeBiden. Excellent discussion to review the ongoing and new initiatives to further deepen India-US Comprehensive and Global Partnership. We welcome the landmark @airindiain-@Boeing agreement which will help create new opportunities in both countries. — Narendra Modi (@narendramodi) February 14, 2023
The leaders also discussed several other issues during the summit, including the COVID-19 pandemic, climate change, and regional security. They pledged to work together to tackle these challenges and strengthen international cooperation.
The joint announcement highlights the growing partnership between India, France, and the US, and their commitment to promoting economic growth and cooperation. It also demonstrates the continued importance of air travel in facilitating global trade and connectivity.