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HomeCURRENT AFFAIRSBUSINESSAfter Air India, now Indigo going to buy hundreds of new aircrafts

After Air India, now Indigo going to buy hundreds of new aircrafts

After Air India, now Indigo has also started showing strength in the country. Now Indigo is going to buy hundreds of new aircrafts. Indigo has made complete preparations for this. India’s budget airline IndiGo is in talks to buy “several hundred aircraft” from European manufacturer Airbus, French publication Les Echos quoted Finance Minister Bruno Le Maire as saying.

The agreement could be signed at the French airshow in Le Bourget in June, the report said, adding that Le Maire made the remarks during his visit to India for the G20 summit.

An Airbus spokesman said the company was in ongoing discussions with airlines but could not comment on any talks that may or may not take place. Last week, IndiGo’s domestic rival Air India signed a record order for 470 aircraft from Airbus and Boeing.

Tata Sons signed the letter of intent

Tata Sons signed a letter of intent from Airbus to acquire 250 aircraft – 40 wide-body A350 planes and 210 narrow-body aircraft. Later the same day, it was announced that Air India would buy 220 Boeing aircraft for $34 billion. This makes the total 470-plane order for the airline. It is being described as the biggest purchase in commercial aviation history.

Must Read: Viral Video: Tamil Nadu Railway Police Register Case Against Man Caught Abusing Migrant Workers on Moving Train, VIDEO

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