Airbus Poised for 500 Aircraft Order from IndiGo

According to Bloomberg IndiGo is poised to give Airbus a stunning entrance at the Paris Air Show, with an order for 500 aircraft.

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The proposed order, which would double the airline’s existing backlog, is for A320neo family aircraft.

Bloomberg is also working with Saudi carrier Flynas for a large narrowbody order that could become another marquee deal of the event alongside IndiGo.

Officials at Airbus, IndiGo and Flynas declined to comment to Bloomberg.

Airbus Chief Executive Officer Guillaume Faury said on Friday that the show will demonstrate how the industry is returning “back to the good old times of excitement.” Even before the event, Airbus said it struck deals for 60 A320 family aircraft and 10 A350s from undisclosed customers, setting the pace for what stands to be a few busy days of orders.

IndiGo has a backlog of about 500 planes as part of the previous orders including an order for 300 A320s in 2019.

It is also reported that the airline is also working on a purchase of 25 widebody aircraft, with both Airbus and Boeing with the 787 thought to be the frontrunner.

Bloomberg says that "a purchase by IndiGo would top a recent agreement by Air India to buy 470 aircraft from Airbus and Boeing as the country’s former flag carrier rebuilds its operations with a modern fleet under new ownership. India is one of the fastest-growing aviation markets in the world with Indigo controlling close to 60% of domestic flying."

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