Boeing Bonanza: Air India Agrees To Buy Up To $46 Billion Worth Of Jets
President Joe Biden announced that Air India has agreed to purchase 220 Boeing jets valued at $34 billion, with an option for an additional 50 Boeing 737 MAXs and 20 Boeing 787s, totaling 290 airplanes for a total of $45.9 billion at list price.
The deal, first reported by Reuters in December, was not announced officially by the Biden administration until Tuesday, following last month’s inaugural launch of the U.S.-India initiative on Critical and Emerging Technology (iCET) to expand the cooperation between the governments, businesses, and universities of the two countries.
