At a major air show this week, India is scouting for billions of dollars in military planes, finalising jetliner deals to meet civilian demand, and pressuring global aircraft manufacturers to produce more locally.
India has the world’s fourth-largest air force, flanked by nuclear-armed rivals China and Pakistan, but its mostly Soviet-era fleet is in desperate need of modernization. It also wants planes for aircraft carriers to counteract China’s growing influence in the Indian Ocean.
As the country prepares to host the Aero India show in Bengaluru beginning Monday, its airlines are expanding, with Air India expected to announce a potentially record deal to purchase nearly 500 planes from Airbus SE and Boeing Co worth more than $100 billion at list prices.
As the country prepares to host the Aero India show in Bengaluru beginning Monday, its airlines are expanding, with Air India expected to announce a potentially record deal to purchase nearly 500 planes from Airbus SE and Boeing Co worth more than $100 billion at list prices.
As the country prepares to host the Aero India show in Bengaluru beginning Monday, its airlines are expanding, with Air India expected to announce a potentially record deal to buy nearly 500 jets from Airbus SE and Boeing Co worth more than $100 billion at list prices.
