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Radio France Internationale
Radio France Internationale
National
Michael Fitzpatrick

Air India splashes out 32 billion euros for fleet of Airbus planes

Air India Airbus India Guillaume Faury Emmanuel Macron Narendra Modi
The Airbus A320neo, 15 percent more fuel efficient than earlier versions. AFP PHOTO / ERIC CABANIS

Air India is to buy 250 new aircraft from French-based constructor Airbus, in a deal worth 32 billion euros based on current catalogue prices. This is a "historic moment for India, for Air India and for Airbus," according to the French plane-maker's chief executive, Guillaume Faury.

The deal involves the purchase of 210 narrow-body A320neo jets and 40 long-haul A350 aircraft in an ambitious plan to boost Air India's share of the domestic market, and rebrand several Indian airports as global travel hubs.

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