[1/4] Air India passenger aircraft are seen on the tarmac at Chhatrapati Shivaji International airport in Mumbai, India, February 14, 2023.
REUTERS/Francis MascarenhasBENGALURU, Feb 14 (Reuters) - Air India has agreed to buy 250 jets from Airbus (AIR.PA), part of a mammoth deal for 470 planes, as the carrier heralds a decades-long transformation under its new owners, Tata Group.
The deal is expected to also include an order for 220 planes from Airbus rival Boeing (BA.N), Reuters reported.
"We see this moment as the most significant moment for the Tata Group's Air India, Indian aviation and the manufacturing sector in India," he said.
Reuters in December reported that Air India was in negotiations for a deal close to 500 planes.