Airbus India Managing Director Jurgen Westermeier described the India EU Free Trade Agreement as a win win for both sides, urging its early ratification. He said the deal could deepen economic cooperation between two major democratic blocs, which account for a large share of global GDP and trade, potentially boosting business and market access across sectors.
AirAsia plans to acquire 150 Airbus A220-300 jets in a roughly $19 billion deal, its largest single aircraft order to date. The A220-300 is positioned as more fuel-efficient with lower emissions, helping the airline fight rising fuel prices and operational costs while modernizing its fleet.
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