IndiGo to Order $20.6B Worth of Jets From Airbus

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July 10 (Bloomberg) –- Bloomberg’s Hans Nichols reports on IndiGo, India’s biggest domestic airline, said to be in talks with Airbus for an order for 200 A320neo jets valued at $20.6B. He speaks to Anna Edwards on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Orders.

This is indigo, the indian carrier.

They already fire about 78 airbus is.

They are talking about an order for these new planes to be costed out in catalog rises.

That put you $20 billion.

The price is in dollars, not euro to the consternation of some european executives.

Indeed -- indigo faces competition from new rivals in asia.

But it is such a growth market.

You see it takes that's one american takes an average of one point five flights a year.

In china, it is 0.2. clearly a growth opportunity.

Remember, this is the a320, a single aisle plane.

It has the fuel efficient engines.

It has been the best seller for airbus.

They may do something similar with the a330. always trying to turn challenges into opportunities.

Tell us about the a330. the big winner is rolls-royce because they will be making the new fuel-efficient engines that will be underneath owings of the eight 330 -- the a330. they could be bad news for boeing.

They are taking the a320 model, putting new nice shiny engines on underneath, trying to resell, have a longer lease on life.

Then you can fly double aisle across the atlantic.

I know you would never be caught dead on a single aisle planes across the atlantic.

Worst experience ever.

Don't ever do it.

Thank you very much.

I think he might've been teasing

This text has been automatically generated. It may not be 100% accurate.

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