© Reuters. FILE PHOTO: A bird flies over a logo of Air India airlines at the corporate headquarters in Mumbai, India, October 19, 2021. REUTERS/Francis Mascarenhas
FARNBOROUGH, England (Reuters) – Air India is moving towards a decision on a $50 billion jet order under new owners Tata Group to be split between Airbus and Boeing (NYSE:), but the deal will not come in time to galvanise a relatively quiet Farnborough Airshow, industry sources said.
Both planemakers are making a “final push,” with the order set to include up to 70 wide-body jets including Airbus A350s and Boeing 787s and 777s, and up to 300 narrowbodies, they said.
Both planemakers declined comment. Tata Group did not immediately respond to a request for comment.