PM Modi, Joe Biden Speak After Landmark Air India-Boeing Deal. What They Said
NDTV
There will be an option to buy 70 more aircraft that could take the total transaction value to USD 45.9 billion.
Prime Minister Narendra Modi spoke with US President Joe Biden on Tuesday and the two leaders hailed the landmark agreement between Air India and Boeing as a shining example of mutually beneficial cooperation that will help create new employment opportunities in both countries.
According to an announcement by the White House, Boeing and Air India have reached an agreement under which the airline will purchase 220 planes from Boeing -- 190 B737 MAX, 20 B787, and 10 B777X -- for USD 34 billion.
There will be an option to buy 70 more aircraft that could take the total transaction value to USD 45.9 billion.
Prime Minister Modi had a "warm and productive" phone call with US President Biden, a statement issued by the Prime Minister's Office (PMO) said.
