BENGALURU (Reuters) – Air India has choices and buy rights to purchase 370 extra plane from Airbus and Boeing (NYSE:) over the following decade, an firm govt mentioned in a latest LinkedIn submit, days after the service unveiled a document order for 470 jets.

“The order contains of 470 agency plane, 370 choices and buy rights to be procured from Airbus and Boeing over the following decade,” mentioned Nipun Aggarwal, chief business and transformation officer at Air India, wrote in a submit late Wednesday.

The agency order contains 220 Boeing planes and 250 Airbus plane, whereas the choices could be transformed to agency orders at a later date.

Aggarwal additionally mentioned Air India had signed long-term engine upkeep contracts with CFM Worldwide (CFM), Rolls-Royce (OTC:) and GE Aerospace.

The Tata Group-owned airline goals to capitalise on India’s rising base of fliers and huge diaspora internationally.

Aggarwal mentioned the aspiration with this order is to attach India “continuous” to each main metropolis on the earth and exhibits the “great financial potential” unleashed by the privatisation of Air India.