IndiGo, India's largest airline by market share, placed order months after rival Air India announced it would buy 470 aircraft — 250 from Airbus & 220 from Boeing.
The civil aviation minister said conditions were ripe for a 'leap of faith' by both jet makers as India's fast-growing aeronautical industry reaches an 'inflection point'.
Order for 470 aircraft from Airbus, Boeing will be at list price of $70 billion. New revised in-flight alcohol policy strengthens reporting, provides for stronger action, he adds.
Akasa will add three planes to its fleet within the next three months to reach 20, making it eligible to fly to international destinations, says airline’s co-founder.
Tariffs have been used in the past by countries like Japan and South, to promote or hinder industrialisation. The surprise in Trump’s tariff argument is two-fold.
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