The deal was unveiled on the opening day of the Paris Air Show, the world’s largest event focusing on aviation and space industry.
India’s IndiGo airline is buying 500 passenger planes from European aviation giant Airbus , the two companies said on Monday, in a record-setting order that underscores surging demand for air travel fuelled by the country’s economic growth. IndiGo, India’s dominant carrier, is buying the narrow-body A320 aircraft in what the companies said was the single biggest purchase agreement in commercial aviation history. Executives from both companies announced the deal on the opening day of the Paris Air Show, the world’s largest event focusing on aviation and space industry. They did not disclose how much the order was worth, but it is likely to amount to tens of billions of dollars.
