Wednesday, June 22, 2011

IndiGo to freeze Rs72,000 crore order for 180 planes today

Le Bourget, France: Budget carrier IndiGo could confirm a historic $16 billion order for 180 Airbus aircraft at the Paris Air Show on Wednesday, industry sources said.
The deal was announced in January but has been mired in further negotiations before it could be signed and go into the Airbus order book in a boost for parent EADS.
The deal is seen as the largest commercial jet order by number of aircraft but could be eclipsed by a roughly 200-plane order expected from AirAsia on Thursday.
Last week, IndiGo president Aditya Ghosh confirmed the deal in New Delhi at a press conference to announce its overseas flights.
He said the planes will supplement the 100 aircraft order placed at the time of the airline’s inception.
22/06/11 Reuters/Daily News & Analysis
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