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Air India nears historic order for up to 500 jets - Reuters

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Exclusive-Air India nears historic order for up to 500 jets -sources

PARIS/NEW DELHI (Reuters) - Air India is close to placing historic orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious revival under the Tata Group conglomerate, industry sources said on Sunday.

A bird flies over a logo of Air India airlines at the corporate headquarters in Mumbai
A bird flies over a logo of Air India airlines at the corporate headquarters in Mumbai© Thomson Reuters

The orders include as many as 400 narrow-body jets and 100 or more wide-bodies including Airbus A350s and Boeing 787s and 777s, they said, speaking on condition of anonymity as finishing touches are placed on the mammoth deal in coming days.

Airbus and Boeing declined to comment. Tata Group did not immediately respond to a request for comment.

(Reporting by Tim Hepher, Aditi Shah. Editing by Jane Merriman)

 

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