'Historic moment': Air India to buy 250 Airbus planes; PM Modi, French prez hail mega deal

Air India has signed one of its biggest ever aircraft deals with Airbus to acquire 250 planes, Tata Sons chairman Natarajan Chandrasekaran said on Tuesday. Announcing the deal in a virtual event that was attended by Prime Minister Narendra Modi as well as French President President Emmanuel Macron, among others, Chandrasekaran said that Air India has signed a letter of intent with Airbus for the deal.