Dhaka, Oct. 16 -- Air India is negotiating with Airbus and Boeing to acquire up to 100 wide-body aircraft as part of a broader plan to expand its fleet to nearly 300 aircraft, sources familiar with the matter said on Wednesday (October 15).

The discussions, which come on top of earlier talks involving around 25-30 wide-body jets and 200 narrow-body aircraft, reflect a significant acceleration in the airline's fleet expansion under Tata Group ownership.

"Air India is exploring a major purchase that could see the airline adding up to 300 aircraft, including a substantial number of wide-body jets," one source said, requesting anonymity due to the sensitivity of the negotiations.

Airbus declined to comment, stating it does not discuss conf...