The Air India-Boeing deal will create up to one million jobs across 44 states in the US.
The deal will further deepen US-India bilateral trade ties, President Joe Biden has told Indian Prime Minister Narendra Modi during a call to announce the Air India-Boeing plane purchase deal.
Boeing and Air India announced a mega deal on Tuesday under which the Tata Group-owned airline will purchase 190 B737 MAX, 20 B787, and 10 B777X for a total of 220 firm orders valued at $34 billion at list price.
The deal will also include customer options for an additional 50 Boeing 737 MAX and 20 Boeing 787, totalling 290 airplanes for a total of $45.9 billion at the list price.
President Biden said, “This purchase would support over one million American jobs across 44 states, and many would not require a four-year college degree.”
The Air India order is Boeing’s third biggest sale ever in dollar value and second in terms of the number of planes.
While discussing the landmark deal with Prime Minister Modi, President Biden said he is looking forward to deepening the ties between India and the US.
During the call, the two leaders also reaffirmed the strength of the US-India relationship and committed to working together and in groups like the Quad to advance economic growth for the two countries and expand cooperation on our shared priorities.