Deals
Airbus, Boeing Said to Vie for $8.5 Billion India Jet Order
- India’s Vistara may buy as many as 60 aircraft for expansion
- Singapore-Tata venture said to discuss buying A320, A330 Neos
A Vistara aircraft prepares to land at Chhatrapati Shivaji International Airport in Mumbai, India.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
Vistara, the Indian affiliate of Singapore Airlines Ltd., is in talks with Airbus SE and Boeing Co. to buy jets worth as much as $8.5 billion as the carrier seeks to tap India’s growing middle class, according to people familiar with the plans.
Vistara, a joint venture with majority owner Tata Group, is seeking to buy about 50 narrowbody jets, typically used for shorter routes, and up to 10 widebodies, said the people, who asked not to be named discussing private negotiations. A final decision is likely by June, one of the people said.