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Indigo Buys 250 Airbus Jets
World Economy

Indigo Buys 250 Airbus Jets

Airbus says Indian budget airline IndiGo has finalized an exceptionally large order for 250 single-aisle A320neo jets, AP reported. IndiGo, India’s largest domestic airline, had signed a preliminary order last year and firmed it up Monday, Airbus said in a statement. Airbus called it the company’s biggest ever order by number of jets. At list prices, the jets would cost $26 billion, though customers usually negotiate discounts. Several Asian low-cost carriers are building up fleets amid growing demand. IndiGo’s president Aditya Ghosh said the order would allow his company to further develop low-cost travel in India and abroad. The A320neo is an upgraded, more fuel-efficient version of Airbus’ popular A320 jets.

 

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