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Air India in talks with Airbus, Boeing for blockbuster new narrow-body jet order: sources

1. Air India is in talks for a large aircraft order with Boeing and Airbus. 2. The potential deal may involve 200 to several hundred new planes. 3. Boeing is leading to sell its 777X jets in upcoming contracts. 4. Air India's modernization plan is crucial after years of under-investment. 5. India's aviation market is growing but faces infrastructure challenges.

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FAQ

Why Bullish?

Boeing's involvement in Air India's substantial aircraft orders could drive demand.

How important is it?

The potential massive orders signify growth opportunities for Boeing, impacting shares positively.

Why Long Term?

If contracts are secured, it would enhance Boeing’s revenue over the coming years.

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