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Airbus to Sell 250 A320neo Jets Worth $26 Billion to IndiGo

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Airbus Group NV signed an agreement with India’s IndiGo for 250 A320neo single-aisle airliners, in what will be the planemaker’s largest order by number of aircraft as travel demand in the country grows.

IndiGo, the biggest domestic carrier in India by market share, has a right to buy another 100 jets as part of the deal, President Aditya Ghosh said in a phone interview today. While Airbus didn’t provide a value of the latest accord, the A320neo has a list price of about $102.8 million, giving the entire transaction a value of $25.7 billion, not including discounts.