IndiGo to buy 500 A320 family aircraft from Airbus in record deal

Low-cost carrier IndiGo has placed an order for 500 Airbus A320 family aircraft in a record deal, breaking Air India’s mega-470 aircraft order with Airbus and Boeing earlier this year. According to the airline, it is the largest-ever single aircraft purchase by any airline with Airbus. With this order, IndiGo has become the world’s biggest A320 Family customer. The deal was signed on June 19 at the Paris Air Show in the presence of Chairman of the Board of IndiGo V Sumantran, CEO of IndiGo Pieter Elbers, CEO of Airbus Guillaume Faury, and, Airbus' Chief Commercial Officer and Head of International Christian Scherer. The order for 500 A320 Family aircraft sets the "record for the biggest single purchase agreement in the history of commercial aviation," Airbus said in a statement.

"The latest agreement takes the total number of Airbus aircraft on order by IndiGo to 1,330, establishing its position as the world's biggest A320 Family customer," added the statement from Airbus.Combined with the previous order of 480 aircraft, IndiGo’s order-book now has almost a thousand aircraft, the airline said in a statement. The order will give IndiGo a further steady stream of deliveries between 2030 and 2035, it added. Currently, it operates over 300 aircraft and the airline’s order-book now comprises a mix of A320NEO, A321NEO and A321XLR aircraft. With this new order, since its inception in 2006, IndiGo has ordered a massive total of 1,330 aircraft with Airbus, the statement said.