The aviation industry is desperately hoping for a turnaround after two bad years for business, thanks to the coronavirus pandemic. However, when travel did resume, the airlines found themselves underprepared.
Reports came in yesterday that Tata Group-owned Air India Ltd would order as many as 300 narrowbody jets, in what could be one of the largest orders in commercial aviation history. The carrier may order Airbus SE’s A320neo family jets or Boeing Co.’s 737 Max models, or a mix of both. A deal for 300 737 Max-10 jets could be worth $40.5 billion at sticker prices, although discounts are common