Tata Air India’s Mega-deal Approved, The Decision To Buy 250 Aircraft From Airbus
Tata Air India’s mega-deal approved, the decision to buy 250 aircraft from Airbus, PM Modi said- a historic event.
The Tata group will buy 250 aircraft from Airbus in the world’s biggest aviation deal.
Tata Sons Chairman N Chandrasekaran on Tuesday said Air India will acquire 250 aircraft, including 40 widebody aircraft, from Airbus.
The Tata Group-owned airline will purchase forty wide-frame A350 planes and 210 narrow-frame aircraft.
Tata Air India’s mega-deal approved: Mega deal of tata group.
In a program, Tata has signed an agreement with Airbus for the acquisition of the aircraft.
Prime Minister Narendra Modi and French President Emmanuel Macron were also part of the virtual event. Tata institution obtained Air India in January closing year.
In a video conference with Prime Minister Narendra Modi, Ratan Tata, French President Emmanuel Macron, and other leaders, Airbus Chief Executive Guillaume Faury said it was a historic moment.
PM Modi and Emmanuel Macron were also present.
Prime Minister Narendra Modi and French President Emmanuel Macron participated in this virtual event.
PM Modi called it a historic event and said that it not only reflects the deep ties between India and France but also shows the success of India’s aviation sector.
He urged the investors to take advantage of the opportunities offered by India in the aviation industry. He said that ‘India can become the hub of MRO (maintenance, repair, and operation).
Today, all global airlines are present in India, so I request every one to take advantage of this opportunity.
Civil Aviation Minister Jyotiraditya Scindia, veteran industrialist Ratan Tata and other leaders also expressed their views on the deal during the virtual conference.
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Dream of becoming the best airline.
Air India was looking for a strong fleet of aircraft to strengthen its domestic and international aircraft network.
Soon after the airline’s disinvestment, CEO Campbell announced in his speech that the airline would soon close a deal.
On the occasion of its first anniversary on January 27 this year, Air India said that the airline will establish itself as the best airline in the world in the next five years.
