Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

India's IndiGo secures rights to buy 100 more Airbus A320 planes

[October 15, 2014]  NEW DELHI (Reuters) - Indian low-cost carrier IndiGo has secured the rights to buy a further 100 Airbus A320 planes, in addition to the 250 it agreed to purchase, the airline's President Aditya Ghosh told Reuters on Wednesday.

IndiGo, India's largest airline by market share, said earlier on Wednesday it had signed a memorandum of understanding with Airbus to buy 250 of its A320 aircraft to expand its fleet.

Delivery of the 250 aircraft would start from 2018, Ghosh said.

(Reporting by Tommy Wilkes; Editing by Prateek Chatterjee)

[© 2014 Thomson Reuters. All rights reserved.]

Copyright 2014 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.