India, France and UK welcome historic Air India-Airbus deal -

New Delhi: In the virtual presence of Prime Minister Narendra Modi and French President Emmanuel Macron, Air India and Airbus signed an agreement for 250 passenger planes. According to this, Air India will buy 250 passenger planes from Airbus. Prime Minister Narendra Modi expressed his belief that India will become the third largest country in the world in the field of air travel in the coming years and India will need 2000 passenger planes in the next 15 years. The French President claimed that this historic agreement between Air India and Airbus is another step towards strategic and friendly cooperation between France and India.

Air India, a part of the Tata group of companies, has decided to purchase passenger aircraft for the first time in the last 17 years. According to this, Air India has purchased around 250 passenger planes from Airbus. 40 of these aircraft are wide body and 210 are narrow-body aircraft. While signing the agreement, Prime Minister Modi and French President Macron were present through virtual media.

On this occasion, Prime Minister Modi said there is a huge opportunity in India’s aviation sector. The Prime Minister said that soon India would become the third largest country in the world regarding air travel. As the number of air travellers increases, the demand for passenger aircraft in India will increase accordingly. In the next 15 years, India will need about 2,000 passenger planes, the Prime Minister added. In such a situation, the Prime Minister welcomed the said agreement between Air India and Airbus, saying that the countries producing passenger airlines will benefit from this immense opportunity in India.

French President Emmanuel Macron said that this is a historic agreement. It claimed that it is a very important step towards developing strategic and friendly relations between France and India. Airbus’ partner companies include France’s Safran. President Macron further said that the French company is keen to contribute to India’s ‘Make in India’ initiative and that France is providing India with the latest technology. President Macron expressed satisfaction that India and France’s cooperation is evolving from space to cyber, defence to culture, and health to energy cooperation. Along with this, the French President also gave the example of the ‘Global Solar Alliance’ started by India and France together.

Meanwhile, British Prime Minister Rishi Sunak has welcomed this cooperation between Air India and Airbus. Prime Minister Rishi Sunak claimed that this has created a great opportunity for the Rolls Royce company and will provide employment to the skilled manpower in Wales.

Air India to buy over 200 aircraft from Boeing: US President Biden

India’s Air India is set to buy 250 passenger planes from Airbus, Europe’s leading aircraft manufacturer. After the agreement was signed in the virtual presence of Prime Minister Modi and the President of France, there was a direct reaction from the President of the United States. President Joe Biden revealed that Air India would buy 220 aircraft from the American Boeing company. The deal is worth around $34 billion and Air India is also proposing to buy 70 additional aircraft. If agreed to, the total deal would go to $45.9 billion, President Biden said.

President Biden said that it is a matter of pride that more than 200 US-made aircraft are being sold to Air India, and he is proud to announce it. Biden claimed he was very satisfied to develop this partnership with Prime Minister Modi. Biden has also expressed confidence that the deal will provide jobs to more than a million people in the US. The President of the United States has also expressed his belief that the agreement underlines the trade partnership between India and the United States. The deal between Air India and Boeing, claimed by the US President, is one of the top three deals Boeing has ever made regarding value.

Moreover, this will be the second-largest deal by Boeing in terms of the number of aircraft. However, India has not yet announced anything about the transaction. In such a situation, the US President’s announcement after disclosing the information about the agreement between Air India and Airbus is noteworthy. President Biden seems to be looking to announce to the world through this announcement that the US companies are also not far behind in the race to supply passenger aircraft to India.

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