Wednesday, July 20, 2022

Massive Air India jet order eludes Farnborough Airshow

Air India is moving towards a decision on a $50 billion jet order under new owners Tata Group to be split between Airbus and Boeing, but the deal will not come in time to galvanise a relatively quiet Farnborough Airshow, industry sources said.

Both planemakers are making a ”final push,” with the order set to include up to 70 wide-body jets including Airbus A350s and Boeing 787s and 777s, and up to 300 narrowbodies, they said.

Both planemakers declined comment. Tata Group did not immediately respond to a request for comment.

20/07/22 Reuters/Money Control

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