Wednesday, July 13, 2016

GoAir signs $7.7 billion deal with Airbus for 72 A320neos

GoAir, India's fifth-biggest carrier by passengers travelled, announced on Tuesday a preliminary agreement with European planemaker Airbus to buy 72 A320neos in a deal worth about $7.7 billion at current list prices.
The deal will help continue GoAir's growth, the airline said in a statement, and built on its existing order for 72 of the same aircraft which it made in 2011.
"The new aircraft will help us in unlocking new domestic routes while providing a springboard for continued international network expansion in the years to come," GoAir CEO Wolfgang Prock-Schauer said in the statement.
12/07/16 Reuters/Times of India
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