NEW DELHI : Air India will on Friday seal half of an order worth billions of dollars for some 495 jets with Boeing and engine suppliers General Electric and CFM International, two industry sources said, as its new owner seeks to revive the airline and compete with much larger rivals.
Under its new owners Air India is looking to restore its reputation at home and overseas as a storied carrier with impeccable service and world-class planes.
The bulk of India's outbound passenger traffic, however, is carried by Middle Eastern airlines like Emirates and Qatar Airways.
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