Categories: EconomyFinanceWorld

Britain welcomes Air India deal with Airbus and Rolls-Royce

Prime Minister Rishi Sunak welcomed a mega deal by Air India to buy 250 jets from Airbus , saying it would create jobs and boost exports from Britain, where the French plane maker designs and makes aircraft wings.

The deal should create 450 manufacturing jobs and bring more than 100 million pounds ($122 million) of investment to Wales, where Airbus manufactures wings, the British department for business and trade said.

The deal also includes 40 wide-body A350 aircraft powered by Rolls-Royce engines, which are assembled and tested in Derby in central England.

($1 = 0.8195 pounds)

Source : Reuters

GLOBAL BUSINESS AND FINANCE MAGAZINE

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