Air India announced plans Tuesday to order 50 new Boeing jetliners -- a deal worth $6.8 billion.
The announcement came one day after Air Canada said it made firm orders for 32 Boeing jets at a list price of $6 billion.
State-owned Air India said its board had approved the purchase of eight 777-200 long-haul jetliners, 15 777-300 medium range aircraft and 27 787s -- Chicago-based Boeing's newest jet, the Dreamliner.
According to Indian regulations, the decision requires the approval of Prime Minister Manmohan Singh's Cabinet. It was not immediately clear when that would happen.
Air India spokesman Jeetendra Bhargava said the board reached its decision after reviewing purchase proposals from both Boeing and rival Airbus SAS.
The total cost of the planes is estimated to be about $6.8 billion (300 billion rupees), the company said. The delivery schedule would be decided only after government approvals were obtained.
Boeing Dreamliner:
The announcement came one day after Air Canada said it made firm orders for 32 Boeing jets at a list price of $6 billion.
State-owned Air India said its board had approved the purchase of eight 777-200 long-haul jetliners, 15 777-300 medium range aircraft and 27 787s -- Chicago-based Boeing's newest jet, the Dreamliner.
According to Indian regulations, the decision requires the approval of Prime Minister Manmohan Singh's Cabinet. It was not immediately clear when that would happen.
Air India spokesman Jeetendra Bhargava said the board reached its decision after reviewing purchase proposals from both Boeing and rival Airbus SAS.
The total cost of the planes is estimated to be about $6.8 billion (300 billion rupees), the company said. The delivery schedule would be decided only after government approvals were obtained.
Boeing Dreamliner:
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