Tata Group-owned Air India places an order with Airbus for 100 planes

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Tata Group-owned Air India places an order with Airbus for 100 planes - Business Standard

Quick Summary:

Air India's expansion of the February 2023 order comes at a time when Airbus has been forced to cut its annual production target due to supply chain issues.

Air India CEO and managing director (MD) Campbell Wilson had told reporters last month that the fleet size of the entire Air India Group is expected to increase from 300 to about 400 by 2027.

Asked about his plans to set up a final assembly line (FAL) for commercial planes in India, Faury replied that FAL is just the tip of the iceberg and it is not a "limiting factor".