Boeing has recently made an important announcement regarding its investment in India’s pilot training infrastructure and programs. The company plans to allocate a significant sum of $100 million for this purpose, as stated in a White House press release on Thursday.
This investment follows Air India’s recent commitment to purchasing over 200 aircraft from Boeing. The deal includes 20 787 Dreamliners, 10 777Xs, and 190 737 MAX narrowbody planes.
The timing of Boeing’s investment coincides with a series of agreements signed by both U.S. and Indian companies during Prime Minister Narendra Modi’s meeting with President Joe Biden in Washington. These agreements highlight the growing economic ties between the two nations.
By prioritizing the enhancement of pilot training facilities and programs in India, Boeing aims to contribute to the development and growth of the aviation industry in the country. This significant investment showcases Boeing’s commitment to expanding its presence and strengthening its partnership with India.