The agreement, announced on Thursday (Nov. 9), is part of Airbus’ strategy to support Hindustan Aeronautics Limited (HAL) growing its footprint in commercial aircraft MRO in India.
While the notice does not mention it, the ministry’s action was almost certainly due to the dispute between embattled Indian carrier Go First and its lessors.
The announced selection by the Indian Navy of a French fighter is another blow to the future of Boeing’s F/A-18E/F Super Hornet assembly line in St. Louis.
A joint statement hailed the agreement as a “trailblazing initiative that would “enable greater transfer of U.S. jet engine technology than ever before.”
IndiGo and Airbus managed to stun the industry on the first day of the Paris Air Show with the firm order for A320neo family aircraft which was unusually big.
Air India is looking to build a third connecting hub in South India once the airline has taken delivery of a sufficient number of new long-haul aircraft.