IndiGo, which is India’s fastest-growing airline and, with 38.4 per cent of market share, its largest, ordered 100 A320s in 2005 and they have all been delivered.
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At list prices, the jets would cost $26 billion, though customers usually negotiate discounts.
On Saturday, the agreement which Airbus said was signed, that confirm an earlier provisional order by the airbus company for the 250 narrow-body planes announced past year.
Airbus has received 11,800 orders to date for A320 Family aircraft with more than 6,600 delivered to 400 customers and operators worldwide.
This order pushes the A320neo order backlog to over 4100 aircraft, says Airbus.
“This choose verifies the A320 Family just like the plane of preference the most influential piloting progress markets”.
“We thank IndiGo and its Co-Founders, Rakesh Gangwal and Rahul Bhatia for their tremendous vote of confidence”, said John Leahy, Airbus Chief Operating Officer Customers.
Airbus put it has a backup for longer than four, 100 A320neo planes which includes buy from IndiGo.
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India’s air travel market is forecast by the global Air Transport Association to become the third-largest around 2031 as millions start flying for the first time. Its owner, InterGlobe Aviation, file in June a draft prospectus for an initial public offering. It had said in the prospectus that the terms of the 250 aircraft order had expired, raising concerns about the deal.
