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In one of its biggest deals, Airbus bags $30-bn IndiGo order for 300 jets

The deal marks the latest victory for Airbus as rival Boeing reels from the idling of its 737 Max after two fatal crashes in five months

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Anurag Kotoky | Bloomberg
Airbus won one of its biggest-ever contracts with a deal for 300 jets from Indian budget carrier IndiGo that’s worth more than $30 billion at sticker prices.

The order for the A320neo narrow-body planes includes the latest XLR long-range variant and takes IndiGo’s order book for the family to 730 aircraft, it said in a statement Tuesday.

The deal marks the latest victory for Airbus as rival Boeing reels from the idling of its 737 Max after two fatal crashes in five months. Boeing chief Dennis Muilenburg is due to appear before US lawmakers Tuesday amid mounting pressure from his board, regulators

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First Published: Oct 29 2019 | 9:55 PM IST

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