PARIS (AP) — India’s IndiGo airline is buying 500 passenger jets from European planemaker Airbus, the two companies said Monday, in a record\u002Dsetting order that…
IndiGo, India’s dominant carrier, is buying the narrow-body A320 aircraft in what the companies said was the single biggest purchase agreement in commercial aviation history.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
The purchase highlights how the two companies are “democratizing affordable air travel for millions of people in the world’s fastest growing aviation market,” Airbus Chief Commercial Officer Christian Scherer said in a statement. Indian airlines are racing to tap surging demand for travel from the nation’s growing ranks of middle-class consumers. The A320 jets that IndiGo is buying are typically used on short-haul routes.
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