Air India has ordered 470 new aircraft – a record for the aviation industry – as the carrier pushes to become bigger global player.
Chairman N Chandrasekaran said the airline had its sights set on becoming “a world-class proposition”.
He said the orders from Europe’s Airbus and US-based Boeing would modernise the airline’s fleet and help it to “dramatically” expand its network.
The first aircraft will go into service at the end of this year.
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