01-12-2006, 01:09 AM
<b>Air India Buys 68 Planes From McNerney's Boeing</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->
It's official. For the thousands of future travelers who will pick Air India to fly between the likes of Bangalore and the U.S. or Europe, some 68 new Boeing aircraft will get them there. The company's executive vice president, Allen Mulally braved Mumbai's near 90 degrees Fahrenheit heat to sign Air India's purchase agreement, valued at an estimated $11 billion at list prices according to the Associated Press.
After months of negotiations, India's authorities have declared it the largest single deal in India's civil aviation history, even with the substantial discount that Air India will probably get for such a large order. And there's <b>another 18 aircraft penciled in for Air India Express</b>, the company's low-cost affiliate<!--QuoteEnd--><!--QuoteEEnd-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Boeing will do its bit by also investing $100 million to set up a new maintenance facility in the country.<!--QuoteEnd--><!--QuoteEEnd-->
It's official. For the thousands of future travelers who will pick Air India to fly between the likes of Bangalore and the U.S. or Europe, some 68 new Boeing aircraft will get them there. The company's executive vice president, Allen Mulally braved Mumbai's near 90 degrees Fahrenheit heat to sign Air India's purchase agreement, valued at an estimated $11 billion at list prices according to the Associated Press.
After months of negotiations, India's authorities have declared it the largest single deal in India's civil aviation history, even with the substantial discount that Air India will probably get for such a large order. And there's <b>another 18 aircraft penciled in for Air India Express</b>, the company's low-cost affiliate<!--QuoteEnd--><!--QuoteEEnd-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Boeing will do its bit by also investing $100 million to set up a new maintenance facility in the country.<!--QuoteEnd--><!--QuoteEEnd-->