India Pauses Boeing Jet Deal After US Announces Tariffs Amidst Geopolitical Tensions
India has reportedly suspended a $3.6 billion deal to procure Boeing jets from the US due to a nearly 50% price increase. The cost surge is primarily attributed to tariffs imposed by the US, increasing the price of parts and components. This has led the Ministry of Defence to pause the acquisition and reassess the strategic implications. Simultaneously, Air India has begun retrofitting its legacy Boeing 787-8 Dreamliners in the US, with the first revamped jet expected to rejoin the fleet by the end of the year.
John Q. Hosedrinker