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The Tata Group's Air India has made multi-bilLion dollar deals with Airbus and Boeing to purchase 470 passenger aircraft, making it the largest shopping event in commercial aviation history. The deal, worth Over $85 billion, includes 250 Airbus and 220 Boeing planes, with an option to purchase 70 More, and is set to signiticantly improve India's image on the global platform as an emerging Leader in the commercial aviation sector. Us President Joe Biden hailed the agreement, saying it will support over one milLion American jobs. The narrow-body aircraft include 140 A320 planes and 70 A321ne0 ones, while the wide-body aircraft will be used for ultra-long fLights. The acquisition is expected to win back some of the market share Air India has Lost over the years to Gulf and western airlines. About Air India : Air India is the national flag carrier airline of India, oWned by Talace Private Limited, a fully owned subsidiary of Tata Sons. The airline operates a fleet Of Airbus and Boeing aircraft serving 102 domestic and international destinations, with its hub at Indira Gandhi International Airport, New Delhi. Air India is the Largest international carrier out of India with an 18.6% market share and became the 27th member of Star AlLiance on 11 July 2014. The airline was founded by J. R. D. Tata as Tata Airlines in 1932 and was renamed as Air India after becoming a public limited company. Air India also operates flights to domestic and Asian destinations through its subsidiary Air India Express. The airline's mascot is the Maharajah (Emperor) and the Logo consists of a flying swan with the wheel of Konark inside it.