Air India’s record aircraft deal has put the Tata Group-owned airline in the league of aspiring global carriers. The deal was in the making for over a year, insiders said, recounting details of the process on condition of anonymity. Serious talks began last summer and continued until days before Christmas when outlines were agreed. As the astonishing scale of the deal began to crystallise, Reuters reported in December the parties were nearing a record 500-plane agreement.
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News