Agreement for the purchase of two Boeing 747-300 Combi (passenger and cargo ) aircraft signed in Bombay. Mr. C.L.Sharma, Dy. Managing Director, signed on behalf of Air India and Mr. D.D.Jennings, Regional Director Aircraft Contracts, on behalf of the Boeing
Company. The total project cost is Rs. 371.74 crores including a foreign exchange content of US$ 274.200 million (Rs. 356.46 crores).