Biden to announce a Boeing and Air India deal worth at least $34 billion

[Sucker]

Air India will purchase more than 200 planes from Boeing, a White House official says President Joe Biden will announce Tuesday. It’s the third biggest sale of all time for the aircraft manufacturer.

The agreement will include 190 Boeing 737 MAXs, 20 Boeing 787s, and 10 Boeing 777Xs – a total of 220 firm orders valued at a list price of $34 billion, the official says. The purchase will also include customer options for an additional 50 Boeing 737 MAXs and 20 Boeing 787s, totaling 290 airplanes for a total of $45.9 billion at list price.

In a statement, Biden said the sale would “support over one million American jobs across 44 states, and many will not require a four-year college degree.”

“This announcement also reflects the strength of the U.S.-India economic partnership,” the president wrote. “Together with Prime Minister Modi, I look forward to deepening our partnership even further as we continue to confront shared global challenges — creating a more secure and prosperous future for all of our citizens.”

Production will support three separate U.S.-based manufacturing lines, will result in $70 billion in total economic impact across the United States and support an estimated 1.47 million direct and indirect jobs, a White House official said Tuesday.

India has been gaining some manufacturing business as Western tensions flare with China, including major companies that traditionally rely heavily on Chinese production. Apple is one such company, with Minister of Commerce and Industry Piyush Goyal saying the tech giant was already making between 5% and 7% of its products in India.

India is set to overtake China this year to become the world’s most populous country. The country’s massive and cheap labor force, which includes workers with key technical skills, is a big draw for manufacturers. Asia’s third-largest economy also offers a growing domestic market. In 2023, as global recession fears persist, India is expected to remain the fastest growing major economy in the world.

If it can sustain that momentum, India could become only the third country with GDP worth $10 trillion by 2035, according to the Centre for Economics and Business Research.

[Telugodura456]

deal airbus ki poi nattundhi.

[kevinUsa]

250 Airbus 250 Boeing 

[jalsa01]

737MAX !

[Android_Halwa]

17 minutes ago, Sucker said:

20 Boeing 787s

With these, Air India will be one of the largest operator of Dreamliners….I think 4th or 5th..!!

[csrcsr]

[Sucker]

2 minutes ago, Android_Halwa said:

With these, Air India will be one of the largest operator of Dreamliners….I think 4th or 5th..!!

Anna maa Mimai ki yemanna direct flight vesthara ledha hyd nundi 

[Anta Assamey]

[ZoomNaidu]

36 minutes ago, Telugodura456 said:

deal airbus ki poi nattundhi.

[pichhipullayya]

42 minutes ago, Sucker said:

Air India will purchase more than 200 planes from Boeing, a White House official says President Joe Biden will announce Tuesday. It’s the third biggest sale of all time for the aircraft manufacturer.

The agreement will include 190 Boeing 737 MAXs, 20 Boeing 787s, and 10 Boeing 777Xs – a total of 220 firm orders valued at a list price of $34 billion, the official says. The purchase will also include customer options for an additional 50 Boeing 737 MAXs and 20 Boeing 787s, totaling 290 airplanes for a total of $45.9 billion at list price.

In a statement, Biden said the sale would “support over one million American jobs across 44 states, and many will not require a four-year college degree.”

“This announcement also reflects the strength of the U.S.-India economic partnership,” the president wrote. “Together with Prime Minister Modi, I look forward to deepening our partnership even further as we continue to confront shared global challenges — creating a more secure and prosperous future for all of our citizens.”

Production will support three separate U.S.-based manufacturing lines, will result in $70 billion in total economic impact across the United States and support an estimated 1.47 million direct and indirect jobs, a White House official said Tuesday.

India has been gaining some manufacturing business as Western tensions flare with China, including major companies that traditionally rely heavily on Chinese production. Apple is one such company, with Minister of Commerce and Industry Piyush Goyal saying the tech giant was already making between 5% and 7% of its products in India.

India is set to overtake China this year to become the world’s most populous country. The country’s massive and cheap labor force, which includes workers with key technical skills, is a big draw for manufacturers. Asia’s third-largest economy also offers a growing domestic market. In 2023, as global recession fears persist, India is expected to remain the fastest growing major economy in the world.

If it can sustain that momentum, India could become only the third country with GDP worth $10 trillion by 2035, according to the Centre for Economics and Business Research.

ee Boeing 737 Max le kada... software issues tho padipoyi janalu poyaaru...Heard Boeing cut corners for this model..

Air India vadu enduku kontunnadooo.....konte matram TCS ki pandage pandaga Boeing Projects tho...GE projects tho..Pratt & Whitney Projects thoo....

[anna_gari_maata]

Thank you Hindenburg chinna chitaka business cheskone maaku international exposure icchav

[Android_Halwa]

42 minutes ago, Telugodura456 said:

deal airbus ki poi nattundhi.

Airbus Ki 250

Boeing ki 220

 

[Android_Halwa]

3 minutes ago, pichhipullayya said:

ee Boeing 737 Max le kada... software issues tho padipoyi janalu poyaaru...Heard Boeing cut corners for this model..

Air India vadu enduku kontunnadooo.....konte matram TCS ki pandage pandaga Boeing Projects tho...GE projects tho..Pratt & Whitney Projects thoo....

Yeah 737 MAX ae padi poinayi but it has now been rectified and have been flying for more than year now….

Not just TCS but Tata Aerospace will be a big beneficiary as Airbus is willing to source parts from India. Like seats, restraints, cables etc…it’s a huge oppurtunity for aviation sector in India.

[manadonga]

Biggest deal in aviation history 

let see how it works for air india 

may be they will get so many skots in us and europe airports 

[pichhipullayya]

1 hour ago, Android_Halwa said:

Yeah 737 MAX ae padi poinayi but it has now been rectified and have been flying for more than year now….

Not just TCS but Tata Aerospace will be a big beneficiary as Airbus is willing to source parts from India. Like seats, restraints, cables etc…it’s a huge oppurtunity for aviation sector in India.

naa uddesam enti ante vellu andaru TCS ki projects adagakunda istaaru... Tata's bhari deal chesi nappudu TCS business shootup avutundi..