IndiGo to buy 250 jet A320Neo aircraft from Airbus

IndiGo has placed a series of orders for Airbus jets to gain more market share

Airbus said budget airline IndiGo had committed to an earlier provisional order to buy 250 A320Neo aircraft, handing the European company its biggest-ever deal by number of planes.

IndiGo has been a customer of Airbus since 2005 and has now ordered 530 A320 family planes, the planemaker said.

Read more from our special coverage on "INDIGO"

• IndiGo says Airbus to deliver delayed A320neo jets from March
• IndiGo to receive Airbus A320neo from this month, to induct 24 planes till next March
• IndiGo reports Rs 1,300 cr profit in FY15

Founded in 2006 by travel entrepreneur Rahul Bhatia and Rakesh Gangwal, a former chief executive of US Airways, IndiGo has placed a series of orders for Airbus jets as it tries to win a bigger share of India's fast-growing aviation market.