Airbus SA, manufacturer of world’s
largest civil aircraft A 380, said Indian budget carrier IndiGo has agreed to
buy 250 single-aisle A320neo aircraft from it, potentially marking the largest
number of jets ever sold by the European planemaker in a single order.
The deal would be worth $25.7 billion at
list prices, although airlines typically get a discount and the memorandum of
understanding between the two must still be confirmed as firm orders.
IndiGo is looking to expand in Inida, one
of the world`s fastest growing aviation markets. IndiGo has a fleet of 83
Airbus A320s and has ordered or taken delivery of 280 Airbus aircraft,
including 160 of the upgraded and re-engined A320neo model that will begin
arriving next year. It was one of the first customers for the A320neo.
The provisional deal extends Airbus`s
lead over Boeing Co in the Indian market and could, if confirmed in coming
months, close a worldwide deficit in orders versus its US rival during the first
nine months of the year.
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