By Theo Leggett in Paris & Nikhil Inamdar in Mumbai
BBC News
Indian carrier IndiGo has made a record order for 500 Airbus A320 aircraft - the largest single purchase agreement by any airline in commercial aviation history.
The deal, announced on the first day of the Paris Airshow, is worth roughly $55bn (43bn) before any bulk-order discounts.
IndiGo now has an order book of 1,330 aircraft with Airbus.
It is expected to mean a stream of deliveries between 2030 and 2035.
The new deliveries will help budget carrier IndiGo lower its operating costs and improve fuel efficiency, the company says.
India is a burgeoning aviation market, with some analysts saying it is on track to replace China as the aerospace industry's next growth frontier.
The country is expected to be the fastest-growing G20 economy over the next few years and has seen a significant increase in the number of first-time flyers since the pandemic.
BBC News
Indian carrier IndiGo has made a record order for 500 Airbus A320 aircraft - the largest single purchase agreement by any airline in commercial aviation history.
The deal, announced on the first day of the Paris Airshow, is worth roughly $55bn (43bn) before any bulk-order discounts.
IndiGo now has an order book of 1,330 aircraft with Airbus.
It is expected to mean a stream of deliveries between 2030 and 2035.
The new deliveries will help budget carrier IndiGo lower its operating costs and improve fuel efficiency, the company says.
India is a burgeoning aviation market, with some analysts saying it is on track to replace China as the aerospace industry's next growth frontier.
The country is expected to be the fastest-growing G20 economy over the next few years and has seen a significant increase in the number of first-time flyers since the pandemic.