Airbus wins record 500-plane order from India’s IndiGo FMTNews FMTBusiness
IndiGo CEO Pieter Elbers poses with Airbus chief commercial officer Christian Scherer during the deal signing today.
The multibillion-dollar deal is the largest ever by number of aircraft, eclipsing Air India’s provisional purchase of 470 jets earlier this year as India’s two largest carriers plan for a sharp expansion in regional travel demand.“This is just the beginning, there’s more going forward. With the growth of India the growth of the Indian aviation market … this is the right time for us to place this order,” IndiGo chief executive Pieter Elbers told a news conference.
But some analysts have expressed concern that airlines could be over-ordering jets in pursuit of the same passengers.
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