• Wednesday, April 24, 2024

Business

India strikes deals at airshow

By: Eastern Eye Staff

VISTARA AND JET BUY NEW AIRCRAFT AT FARNBOROUGH BRITAIN sought to project an image of aerospace prowess long after it leaves the European Union at the Farnbor­ough airshow on Monday (16), as Air­bus and Boeing announced a raft of deals and issued optimistic outlooks for the global industry. India’s Vistara signed a letter of intent to purchase 13 single-aisle A320neo air­craft, while Jet Airways on Tuesday (17) inked a deal with Boeing to acquire 75 latest single-aisle 737 Max aircraft in an agreement valued at $8.8 billion at cur­rent list prices. According to industry data, domestic air traffic in India has…

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