The Latest Breaking News from Air India

The government's proposed changes to the pension system have partly been turned down by the country's parliament. Article 2, which would have set up a "senior employment index" to support older workers, did not get a majority. The measure was meant to accompany the raising of the legal retirement age…

Carrier ‘on a large transformation journey’, says chairperson after largest deal ever struck by single airline

Boeing will deliver 220 aircraft to Air India as part of a $34 billion deal. Boeing stock climbed early Tuesday following the news.

Bengaluru (India) (AFP) - Air India will purchase 470 planes from Airbus and Boeing under an historic pair of mega agreements announced Tuesday, transforming the former national carrier as it prepares for torrid growth. 

India's second-largest domestic carrier placed orders for 220 Boeing aircraft valued at $34 billion and 250 Airbus planes in a separate deal that could be worth tens of billions of dollars.

"Air India's selection of Boeing's family of passenger jets will support engineering and manufacturing jobs at Boeing factories in Washington state, South Carolina and across our supply base," said Boeing Commercial CEO Stan Deal.

New Delhi (AFP) - One of India's biggest and oldest conglomerates is returning to its roots with a multi-billion-dollar bet on the country's growing middle class and its demand for air travel.

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.

Air India’s owner is buying 250 Airbus passenger jets in a mammoth order that underlines the surging demand for air travel fueled by the country’s swelling middle class