Air India seals world's largest aircraft deal at $70 bn, orders 470 planes

The first aircraft to arrive will be 25 Boeing 737s and six Airbus A350-900s in the second half of 2023

A year after coming into the Tata group, Air India on Tuesday said it had placed an order for 470 planes: 250 with European plane maker Airbus and 220 with American giant Boeing — the world’s largest ever single-tranche aircraft purchase.

By doing this it has eclipsed American Airlines’ 2011 order for 460 planes.

At list price the aircraft deal is valued at over $70 billion.

From Airbus, Air India has ordered 40 wide-body A350 planes and 210 narrow-body A320neo family planes, and it has the option to increase the size of this order.

From Boeing, the airline has ordered 10 wide-body B777X planes,