Air India signs agreements with Airbus, Boeing to buy 470 planes at USD 70 Billion
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Air India on Tuesday signed agreements with Airbus and Boeing for acquiring 470 planes for an estimated USD 70 billion at list prices. The Tata Group-owned airline had announced that it will buy 470 aircraft, including wide-body planes, in February this year. Air India said the agreements go "one step further in its USD 70 billion (based on list prices) fleet expansion program that it announced in February this year".