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Indian Aviation Industry: IndiGo places landmark largest ever order for 500 Airbus aircraft

 The largest airline in India, IndiGo, said on Monday that it had ordered 500 Airbus A320 Family aircraft, breaking the previous record of 470 aircraft established in March by Tata-owned Air India. This deal represents the largest single aircraft purchase by any airline with Airbus.

The record transaction aims to further strengthen IndiGo's dominance in India, the third-largest aviation market, as well as fuel its development into new international markets.


The board had already approved an order for 500 Airbus aircraft from InterGlobe Aviation, the parent firm of IndiGo, which is thought to be worth $50 billion at the most recent list prices for Airbus aircraft.

Given the usual use of huge discounts to such large purchases, the order's actual cost is anticipated to be considerably lower.



In addition to Guillaume Faury, CEO of Airbus, Christian Scherer, Chief Commercial Officer and Head of International for Airbus, and V. Sumantran, Chairman of the Board of IndiGo, the purchase agreement was signed on June 19 at the Paris Air Show 2023.


This deal will be the largest in aviation history, surpassing Air India's record-breaking acquisition of 220 Boeing aircraft and 250 Airbus aircraft in March. The agreement should strengthen IndiGo's intentions for fleet development by ensuring an ongoing supply of new aircraft for the ensuing ten years.

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