Tags: EU | France | India | Airbus

Indian Budget Airline Buys 250 Airbus Jets

Indian Budget Airline Buys 250 Airbus Jets
The tail fin of an IndiGo Airlines A320 aircraft is pictured at Rajiv Gandhi International Airport in Hyderabad. (REUTERS/Vivek Prakash)

Monday, 17 August 2015 04:34 AM

PARIS (AP) — Airbus says Indian budget airline IndiGo has finalized an exceptionally large order for 250 single-aisle A320neo jets.

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, usually used on mid-range flights.

© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Europe
Airbus says Indian budget airline IndiGo has finalized an exceptionally large order for 250 single-aisle A320neo jets.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...
EU, France, India, Airbus
116
2015-34-17
Monday, 17 August 2015 04:34 AM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved