Paris: Premier Airways, a Chennai based low-fare airline is in advanced discussions with European plane maker Airbus to buy 40 Airbus A320 neo planes at a listed value of $4.3 billion, said four people aware of the possible transaction.
If consummated, this will be the secondbiggest order in terms of value by a newcomer after IndiGo's 100 plane purchase in 2005 besides marking the entry of an seemingly serious player into India's highly competitive aviation industry.
The A320 neo (New Engine Option) is the latest upgraded version of Airbus' single aisle aircraft family. The latest list price of the plane, according to the manufacturer's official statement in January this year is $106.2 million. The actual deal value will however depend on discussions between Premier and Airbus and could come down after negotiations, given the size of the deal.
18/06/15 Anirban Chowdhury/Economic Times
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If consummated, this will be the secondbiggest order in terms of value by a newcomer after IndiGo's 100 plane purchase in 2005 besides marking the entry of an seemingly serious player into India's highly competitive aviation industry.
The A320 neo (New Engine Option) is the latest upgraded version of Airbus' single aisle aircraft family. The latest list price of the plane, according to the manufacturer's official statement in January this year is $106.2 million. The actual deal value will however depend on discussions between Premier and Airbus and could come down after negotiations, given the size of the deal.
18/06/15 Anirban Chowdhury/Economic Times
