Airbus wins record 500-plane order from India's IndiGo

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Airbus wins record 500-plane order from India's IndiGo
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PARIS :Europe's Airbus announced the biggest plane deal in history on the opening day of the Paris Airshow on Monday, with an order for 500 narrowbody jets from Indian budget carrier IndiGo.The multibillion-dollar deal is the largest ever by number of aircraft, eclipsing Air India's provisional purchase of 47

PARIS :Europe's Airbus announced the biggest plane deal in history on the opening day of the Paris Airshow on Monday, with an order for 500 narrowbody jets from Indian budget carrier IndiGo.

Indian carriers now have the second-largest order book, with an over 6 per cent share of the industry backlog, behind only the United States, according to a June 1 report by Barclays. After signing the IndiGo deal, Airbus CEO Guillaume Faury said it was premature to start thinking about narrowbody jet production rates higher than the planned 75 per month.

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