Confirmed orders and options with Boeing and Airbus could exceed 500 passenger jets
Air India has signed agreements with Airbus and Boeing for what could become the largest purchase of jetliners in commercial aviation history, as the carrier seeks to reinvent itself with a fuel-efficient fleet that can take on local low-cost rivals and powerful Gulf airlines like Emirates.
The airline has agreed on the outlines of the accord and may formally announce the deals as early as next week, according to people familiar…