Airbus Is Said to Be Front-Runner for $6.6 Billion Vistara Order
- Vistara also plans to buy as many as 10 Boeing Dreamliner jets
- Carrier set to start international operations later this year
An Airbus A320neo cabin.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Airbus SE is favored to pull in an order from Singapore Airlines Ltd. affiliate Vistara for as many as 60 new-engine single-aisle airliners to gain a stronger foothold in the booming Indian market, according to people familiar with the negotiations.
The airline is leaning toward buying the A320neo jets after a contest with Boeing Co.’s 737 Max model, according to the people who asked not to be identified as the information isn’t public. The carrier will make an announcement soon, one of the officials said. The A320neo has an an average list price of about $110 million, valuing the deal at $6.6 billion before discounts that are common in large aircraft purchases.