After Airbus, Tata's Air India signs 'landmark' aircraft deal with Boeing; PM Modi & Biden laud

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 scorching growth. The airline, which is owned by the Tata Group, announced a contract to purchase 250 Airbus planes. That was followed by a White House announcement that Air India also agreed to a firm order of 220 Boeing aircraft in a contract that US President Joe Biden touted as a sign of American manufacturing might Combined, the two deals constitute the largest unveiled at the same time by a commercial carrier, overtaking a 2011 announcement by American Airlines to purchase 460 planes. Watch this video for more.