Airbus Group NV signed an agreement with India’s IndiGo for 250 A320neo
single-aisle airliners, in what will be the planemaker’s largest order
by number of aircraft as travel demand in the country grows.
IndiGo, the biggest domestic carrier in India by market share, has a right to buy another 100 jets as part of the deal, President Aditya Ghosh said in a phone interview today. While Airbus didn’t provide a value of the latest accord, the A320neo has a list price of about $102.8 million, giving the entire transaction a value of $25.7 billion, not including discounts.
The pact follows previous orders by the Indian low-fare carrier for 280 aircraft from the A320 family, Airbus said in a statement today. Toulouse, France-based Airbus has turned the A320neo into the fastest-selling airliner in commercial aviation history as customers clamor for savings on fuel, which can make up as much of 40 percent of their entire cost.
Read news in full 15/10/14 Anurag Kotoky/Bloomberg
IndiGo, the biggest domestic carrier in India by market share, has a right to buy another 100 jets as part of the deal, President Aditya Ghosh said in a phone interview today. While Airbus didn’t provide a value of the latest accord, the A320neo has a list price of about $102.8 million, giving the entire transaction a value of $25.7 billion, not including discounts.
The pact follows previous orders by the Indian low-fare carrier for 280 aircraft from the A320 family, Airbus said in a statement today. Toulouse, France-based Airbus has turned the A320neo into the fastest-selling airliner in commercial aviation history as customers clamor for savings on fuel, which can make up as much of 40 percent of their entire cost.
Read news in full 15/10/14 Anurag Kotoky/Bloomberg
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