Airbus Close to Winning 300-Plane Order from India’s IndiGo

(Source: Bloomberg News; published Oct. 29, 2019)

India’s IndiGo is close to ordering 300 jets from Airbus SE, according to people familiar with the matter, in what would be one of the aircraft manufacturer’s biggest sales ever.

The order involves the purchase of jets in the A320 family, including the latest XLR variant, according to the people, who asked not to be named discussing a private matter.

A deal would represent the latest victory for Airbus as rival Boeing Co. reels from the grounding of its best-selling 737 Max. For IndiGo, securing hundreds of planes would help pave the way for the budget carrier to expand its lead in India, one of the fastest-growing aviation markets in the world. (end of excerpt)

Click here for the full story, on the Bloomberg website.

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