PM Narendra Modi holds telephone conversation with the President of the U.S.A. H.E. Mr. Joseph R. Biden
PM Narendra Modi holds telephone conversation with the President of the U.S.A. H.E. Mr. Joseph R. Biden
Published By : Admin | February 14, 2023 | 21:37 IST
PM expresses satisfaction at the deepening of the India-U.S. Comprehensive Global Strategic Partnership, which has resulted in robust growth in all domains.
The leaders welcome the landmark agreement between Air India and Boeing as a shining example of mutually beneficial cooperation that will help create new employment opportunities in both countries.
PM invites Boeing and other U.S. companies to make use of the opportunities arising due to the expanding civil aviation sector in India.
The two leaders welcome the first meeting of the initiative on Critical and Emerging Technologies (iCET) held recently in Washington D.C. and express a keen desire to strengthen bilateral cooperation in space, semi-conductors, defence and other spheres
The leaders agree to bolster the vibrant and mutually beneficial people-to-people ties between the two countries.
The leaders agree to remain in contact during India’s ongoing G20 Presidency to ensure its success.
Prime Minister Narendra Modi holds telephone conversation with the President of the U.S.A. H.E. Mr. Joseph R. Biden
Prime Minister Shri Narendra Modi had a warm and productive phone call today with the President of the United States of America, H.E. Mr. Joseph R. Biden.
Prime Minister Narendra Modi and President Biden expressed satisfaction at the deepening of the India-U.S. Comprehensive Global Strategic Partnership, which has resulted in robust growth in all domains. They welcomed the announcement of a landmark agreement between Air India and Boeing as a shining example of mutually beneficial cooperation that will help create new employment opportunities in both countries. Prime Minister invited Boeing and other U.S. companies to make use of the opportunities arising due to the expanding civil aviation sector in India.
The two leaders welcomed the first meeting of the initiative on Critical and Emerging Technologies (iCET) held recently in Washington D.C, and expressed a keen desire to strengthen bilateral cooperation in space, semi-conductors, supply chains, defence co-production and co-development and knowledge and innovation ecosystems. They agreed to bolster the vibrant people-to-people ties between the two countries, which have been mutually beneficial.
The two Leaders agreed to remain in contact during India’s ongoing G20 Presidency to ensure its success.
Readout of President Biden’s Call with Prime Minister Modi of India
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President Joe Biden spoke today with Prime Minister Narendra Modi of India to discuss the historic agreement for Air India to purchase over 200 American-made aircraft from Boeing. President Biden noted how the sale will support over one million American jobs across 44 states, and help Air India meet growing demands for air transportation in India. President Biden and Prime Minister Modi also discussed the importance of the strategic technology partnership between India and the United States, highlighting the recent inaugural launch of the Initiative on Critical and Emerging Technology hosted in Washington two weeks ago. During the call, the two leaders reaffirmed the strength of the U.S.-India relationship and committed to continue working together and in groups like the Quad to advance economic growth for our two countries and expand cooperation on our shared priorities.
Air India ordered 840 planes, including 370 optional buys, from Airbus, Boeing
India News
Updated on Feb 16, 2023 01:12 PM IST
Airbus order was for 210 A-320/321 Neo/XLR and 40 A350-900/1000 while the Boeing order was for 190 737-Max, 20 787s and 10 777s, airline officials said.
In this file photo dated Monday, March 2, 2020, Air India planes are parked at the Indira Gandhi International Airport in New Delhi. (PTI Photo/Ravi Choudhary)
In this file photo dated Monday, March 2, 2020, Air India planes are parked at the Indira Gandhi International Airport in New Delhi. (PTI Photo/Ravi Choudhary)
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Neha LM Tripathi
Air India has ordered a total of 840 planes from Airbus and Boeing including 370 optional buys, said Nipun Aggarwal, chief commercial officer of the airline, said, in his social media post on Thursday. "The order comprises 470 firm aircraft, 370 options and purchase rights to be procured from Airbus and Boeing over the next decade. The Airbus firm order comprises 210 A-320/321 Neo/XLR and 40 A350-900/1000. The Boeing firm order comprises 190 737-Max, 20 787s and 10 777s. We have also signed up for long-term maintenance of the engines with CFM International, Rolls- Royce and GE Aerospace," he said on LinkedIn.
"It is indeed a landmark moment in the history of Air India and Indian aviation. This order of 840 aircraft has been a culmination of a fascinating journey that began almost two years ago starting with the Air India privatisation process."
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READ | Biden announces Air India-Boeing deal, vows deeper ties with Modi
Aggarwal stated that the aircraft order demonstrates the vision and aspiration of Tata Group to transform Air India into a world class airline and connect India 'non-stop' to every major city in the world. "This order is also a testament to the tremendous economic potential unleashed by the Air India privatisation."
"We would like to thank the teams at Airbus, Boeing, CFM, GE and Rolls Royce for their wonderful support during the campaign. We are proud to have built deep relationships and laid solid foundation for long-lasting partnerships."
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On Tuesday, United States President Joe Biden announced a 'historic agreement' between Air India and Boeing on Tuesday, with the Tata-owned airline purchasing 220 aircraft from the American aviation major.
This is Boeing's third biggest sale in terms of dollar value and second in terms of quantity.
READ | Air India-Airbus-Boeing deal sealed with dinner at luxury Indian restaurant in London
In a statement, echoing his political plank of reviving US industry and bring jobs back home, Biden said that the US can and will lead the world on manufacturing.
"I am proud to announce today the purchase of over 200 American-made aircraft through a historic agreement between Air India and Boeing. This purchase will support over one million American jobs across 44 states and many will not require four-year college degrees," Biden said.
The same day, Air India had unveiled its modernisation plans with the acquisition of 250 aircraft from Airbus at a virtual ceremony attended by prime minister Narendra Modi and French president Emannuel Macron.
READ | Air India inks massive deals for Airbus, Boeing aircraft
The almost simultaneous announcement of the Boeing deal makes it a record purchase. It also reflects a strategic balancing act in which both France and the US, both among India's closest partners, get a slice of the financial pie of the Indian aviation market.
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