Saturday, 02 March 2024

 

 

LATEST NEWS If Yami Gautam starrer 'Article 370' Has Left You Hungry for More Action, THESE Military Series Are Sure To Entertain You Newly appointed Chairman of State Finance Commission Nand Lal calls on Chief Minister Congress is architect of tragedies in Kashmir : Devender Singh Rana Breaking Taboos, Empowering Lives to Transform J&K by J&K Bank Construction Workers Welfare Board to spend Rs. 143 crore on welfare schemes: CM Punjab Government Fully Committed to Bridge the Gap Between the Privileged and the Marginalized: Banwari Lal Purohit Punjab Police initiative jagriti for prevention of sexual violence against children launched Sakshi Sawhney reiterates government commitment to provide ease of doing business to industry Taj Mahotsav - 18th to 27th February Congress's drama in Assembly today was very unfortunate: Harsukhinder Singh Bubby Badal Jugal Kishore Sharma inaugurates Mega exhibition Gatisheel Jammu and Kashmir Arrangements for Sub Inspector Finance Department exams discussed in Kathua Badal family is a habitual beneficiary of government facilities : Malwinder Singh Kang DDC Reasi Vishesh Mahajan reviews Drug abuse control measures in Reasi DC Doda Harvinder Singh inspects Rifle Shooting Hall at Doda DC Kathua Dr. Rakesh Minhas discusses emergency preparedness, response plan at DDMA meeting Warning 3: Humble Motion Pictures Unveils Release Date In Honor Of Prince Kanwaljit Singh's Birthday Five-day FDP organised by Biotechnology Department of CGC Landran LPU lifts Overall First Runner Up Trophy at Khelo India University Games-2023 PEC Faculty member awarded with Prestigious Bombay Art Society award & Gold Medal Dr. BR Ambedkar State Institute Of Medical Sciences Mohali To Get 6-Bedded ICU Soon

 

Joe Biden says Air India order for 220 Boeing planes will support 1 mn US jobs

Joe Biden, Washington, International Leader, US President, United States, White House, New York, America, #WhiteHouse, #NewYork, #UnitedStates, #America, #Washington
Listen to this article

Web Admin

Web Admin

5 Dariya News

New York , 14 Feb 2023

Ahead of next year's election, US President Joe Biden on Tuesday termed Air India's $34 billion order for 220 Boeing planes as a "historic" deal that will support his agenda with one million US jobs and promote its lead in technology.

He linked the orders to his domestic plans to create good jobs for the working class, noting that many of the one million jobs "will not require a four-year college degree" and will be spread across 44 states.

Biden has been pushing for creating better-paying industrial jobs for the working class beaten down by such works going overseas, mainly to China, as well as boosting manufacturing in the US.

Biden said that Air India's Boeing purchase shows that "the United States can and will lead the world in manufacturing". The reference to jobs in the US, which a White House official said will, directly and indirectly, amount to 1.47 million, can also offset criticism in the US of tech jobs going to India by showing that US workers also benefit.

The Air India order will have a total economic impact of $70 billion, the official said. The Air India order is Boeing's third-biggest sale of all time in dollar value and second in quantity, according to the official.

The official said that the order for 220 planes from Air India is worth $34 billion and covers 190 Boeing 737 MAXs, 20 Boeing 787s, and 10 Boeing 777Xs. The agreement includes an option to buy additional 50 Boeing 737 MAXs and 20 Boeing 787s and if they go through, the total purchases will be 290 planes raising the value to $45.9 billion, the official said.

Air India, which is now back with its original owner Tata Group after last year's privatisation, also announced a deal to buy 250 planes from Europe's Airbus - 210 A320neo narrowbody planes and 40 A350 widebody aircraft.

The "historic" Boeing deal, Biden said, "Reflects the strength of the US-India economic partnership." "Together with Prime Minister Modi, I look forward to deepening our partnership even further as we continue to confront shared global challenges - creating a more secure and prosperous future for all of our citizens," he added.

The White House official linked the announcement to the inaugural launch of the US-India initiative on Critical and Emerging Technology (iCET) launched last month.

The initiative seeks to expand the strategic technology partnership and defence industrial cooperation between the two governments, businesses, and universities.

 

Tags: Joe Biden , Washington , International Leader , US President , United States , White House , New York , America , #WhiteHouse , #NewYork , #UnitedStates , #America , #Washington

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD