Approximately 500 aircraft have been ordered from Airbus and Boeing by Air India.

In an effort to rebuild itself under its new owners, Air India has signed a massive deal for roughly 500 new jets valued at more than $100 billion at list prices.

According to industry sources, this order might end up being the single largest ever placed by an airline.

The airline announced on January 27 that it was “finalizing a historic order for new aircraft.