India’s largest airline IndiGo has announced a 500-aircraft deal with Airbus. A record in aviation history. The deal comes on top of a 470-aircraft deal. Recently signed by Air India and has sparked a race to capitalize on India’s growing. Fleet and huge expatriate population.
The agreement was signed at the Paris Air Show on June 19 in the presence of. IndiGo Board Chairman V Sumanthran, IndiGo CEO Peter Elbers, Airbus CEO. Guillaume Fourie and Airbus Chief Commercial Officer and International Christian Scherer. .
Airbus said in a statement that the order for 500 A320 family plane set the “record for the. largest single procurement contract in the history of commercial aviation”.
“The latest contract brings the total number of Airbus plane on order to IndiGo to 1,330. Establishing its position as the world’s largest A320 family customer.” the Airbus statement added.
“It is difficult to overstate the significance of IndiGo’s historic.
New order for 500 Airbus A320 family plane. The order book of 1,000 plane over the next decade now enables. IndiGo to meet its goals of economic growth, social cohesion and strengthening. Mobility in India,” Airbus IndiGo chief Peter Elbers was quoted as saying. Said In February. Air India signed a 470-plane deal with Boeing. worth $70 billion, following its acquisition. By the Tata Group. At the time, its chief Campbell Wilson said it was. A move to “transform the fleet and force’s significant network and capacity expansion”.
With a fleet of over 300 plane, IndiGo currently operates over 1.800 fl. And connects to 78 domestic destinations and over 20 international destinations. It also has orders that have yet to be deliver, taking the current strength of its fleet to 480.