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The Associated Press

As its ambitions soar, Air India orders 470 Boeing and Airbus aircraft

Airbus Boeing Air India India Narendra Modi Emmanuel Macron Natarajan Chandrasekaran TATA Tata Sons
The new Airbus A320neo takes off for its first test flight at Toulouse-Blagnac airport in southwestern France on Sept. 25, 2014. The owner of Air India announced a deal Tuesday to buy 250 Airbus jets, including A350 wide-body planes and A320neo single-aisle planes in a deal worth billions of dollars. (Frederic Lancelot/AP)

PARIS — Air India is placing orders for 470 Boeing and Airbus aircraft, underlining the surging demand for increased mobility in a nation with a swelling middle class.

Air India is ordering 220 Boeing aircraft valued at $34 billion. The orders include 190 737 Max aircraft, 20 of Boeing's 787s, and 10 of its 777Xs. The purchase also includes customer options for an additional 50 737 MAXs and 20 of its 787s, totaling 290 airplanes for a total of $45.9 billion at list price.

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