At the Paris Air Show, IndiGo announced an order worth $20 billion for aircraft engines. The order was placed with CFM International for 280 Airbus A320neo and A321neo aircraft. CFM is a 50:50 joint venture between General Electric from the US and Safran from France. The order was a significant coup given that 87 percent of the Indigo Airbus 320/21 fleet is currently powered by IAE and Pratt and Whitney.
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See what led to such a move >>
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