Tata Group-owned Air India has agreed to purchase 250 Airbus aircraft in a mega deal aimed at transforming the airline under its new owners, underscoring its ambitions and the aviation industry’s recovery from the pandemic.
The airline on Tuesday signed a letter of intent to buy 210 A320 Neo-family jets and 40 A350 wide-body aircraft.
N Chandrasekaran, Tata Group chairman, announced the deal in an online briefing that was also attended by India’s Prime Minister Narendra Modi and French…