Air India Confident on Funding for World’s Biggest Aircraft Deal

Indian carrier placed order for 470 jets from Boeing, Airbus
Air India chief executive speaks with Bloomberg News in Delhi

Campbell Wilson in New Delhi on March 20.Photographer: Prakash Singh/Bloomber

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By Ragini Saxena and Debjit Chakraborty

March 20, 2023 at 9:30 AM UTC

This article is for subscribers only.

Air India Ltd. is in talks with banks to help fund its recently announced record aircraft order, benefitting from the support of new owner Tata Sons Ltd., the carrier’s chief executive officer said.

“We have the backing of Tata Sons, so there is financing available for these aircraft,” CEO Campbell Wilson said in an interview with Bloomberg News on the sidelines of the CAPA India Aviation Summit in New Delhi on Monday. “We have already made some downpayments for these aircraft from our internal funds.”