IndiGo, India’s largest airline, is likely to place an order for 30 to 50 ATR 72-600 turboprop aircraft during the Paris Air Show later this month, people familiar with the matter told Business Standard on Friday. The deal, if finalised with the Franco-Italian aircraft manufacturer ATR, could be valued between $450 million and $750 million, based on an estimated transaction price of around $15 million per aircraft, they said.
Discussions between IndiGo and ATR for a new batch of aircraft have been ongoing since last year, the sources said. “The deal size could be increased from 50 planes to a
