by According to aviation expert Mark Martin, the ticket size of Air India’s record order of almost 500 Airbus and Boeing jets could be roughly $110 billion. This would make it the largest aircraft order in the history of commercial aviation. Air India’s purchase is part of a plan to modernize and expand its fleet, which currently consists of around 170 aircraft.
The order is expected to be split between Airbus and Boeing, with Airbus receiving about 60% of the order and Boeing the rest. The exact breakdown of the order has not been confirmed, but it is expected that the order will include a mix of narrow-body and wide-body aircraft.
Air India’s order comes at a time when the aviation industry is slowly recovering from the impact of the COVID-19 pandemic. The order is expected to provide a significant boost to both Airbus and Boeing, which have been hit hard by the pandemic. It is also expected to create jobs and help drive economic growth in the countries where the aircraft will be built.
Overall, Air India’s record order for almost 500 Airbus and Boeing jets is a major development in the aviation industry. It will be interesting to see how the order is fulfilled and what impact it has on the industry as a whole.
