Air India signs record contract with Airbus and Boeing providing for purchase of 250 European planes and 220 devices

Emmanuel Macron and the Indian Prime Minister, Narendra Modi, will witness videoconference at the signature ceremony of this megactrate, Tuesday, February 14.

by Carole Dieterich (Correspondence, New Delhi ), Philippe Ricard and Guy Dutheil

The signing ceremony of this megactrate was to be largely virtual: Emmanuel Macron and the Indian Prime Minister, Narendra Modi, attended remotely on Tuesday, February 14, for the sale of 250 Air India Airbus. The two leaders maintained themselves in videoconference, before leaving the Airbus bosses, Guillaume Faury from Toulouse, and Tata Sons, owner of the airline, conclude this record order, by signing a letter of intention between their two companies .

“This contract will mark a new stage in the strategic partnership which links the two countries, do we want to believe in the entourage of the Head of State. He testifies to the relationship of confidence that the President of the Republic has known To establish with its Indopacific partners, at the forefront of which the Indian Prime Minister. “France, after the rupture of the sale to Australia of diesel submarines for the benefit of nuclear propulsion submersibles, promised by the States- United and the United Kingdom, in September 2021, bet a lot on India to anchor its presence in the region. And this, for the greatest profit of the European aircraft manufacturer.

This contract in favor of Airbus constitutes only a component of a gigantic order, relating to some 500 aircraft, shared between the group of Toulouse and Boeing. Boeing’s command was to be simultaneously signed to that of Airbus.

The two aircraft manufacturers should be shared in almost equal parts the contract with Air India. The airline planning to acquire 250 Airbus and 220 Boeing. For the European aircraft manufacturer, the order is broken down into 140 A320neo, 70 A321neo and 40 long-haul A350, for a catalog price of $ 34 billion (31.6 billion euros).

Regarding the American manufacturer, the order would be divided in 190 737max, 20 long-haul 787 Dreamliner and 10 large 777x coarse. These 220 firm orders for Boeing represent an amount of $ 30 billion, according to the low range of the price displayed in the catalog. This order is accompanied by 70 options.

one of the strongest growths in the world

The Indian Aviation Market is one of the strongest growths in the world. According to Boeing projections, the country will need 2,210 planes in the next two decades. As part of the Aero India fair, which opened on Monday, February 13, in Bangalore, Boeing announced that it will invest 2 billion rupees (22 million euros) in a logistics park and support center for companies air in India.

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/Media reports cited above.