Indian discount airline IndiGo agreed to buy 500 Airbus, marking the largest commercial jet deal in civil-aviation history as travel rebounds after the height of the pandemic, The Wall Street Journal’s Andre Tangel reports. The order for the A320 family of narrow-body aircraft is valued at $50B at the most recently available list prices before customary discounts that can top 50%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on EADSY:
- Airbus (OTHEROTC:EADSF) Inks Its Largest-Ever Commercial Jet Order
- United Airlines selects Pratt & Whitney GTF engines to Power 120 Airbus
- Goodyear Tire selected Airbus to provide tires for A321XLR
- Airbus initiated with a Sector Perform at RBC Capital
- Airbus Ventures announces investment in Venus Aerospace