Deals
Airbus Wins Record Deal From India After A320 Upgrade
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Airbus SAS won the biggest order in commercial aviation history, worth $15 billion at list price, from Indian low-fare carrier IndiGo Airlines, a boost for the company’s decision to upgrade its A320 jet with new engines.
The preliminary agreement to buy 180 planes will include 150 of the modernized A320 aircraft, according to a statement late yesterday. Toulouse, France-based Airbus committed to the new variant in December after more than a year of studying the option and expects a firm order from IndiGo within two months.