Airbus heads towards 500 A320-family jets order from IndiGo: Report

Airbus is closing towards a potentially record deal to sell 500 narrow-body A320-family jets to India’s largest carrier IndiGo, industry sources said on Sunday.

The European planemaker has emerged as front-runner for an order eclipsing Air India’s historic provisional purchase of 470 jets in February, the sources said on the sidelines of an airline industry meeting in Istanbul.

Such a deal would be worth some $50 billion at the most recently published Airbus list prices, but would typically be worth less than half this after widespread airline industry discounts for bulk deals, according to aircraft analysts.

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