IndiGo makes historic order for 500 Airbus planes

IndiGo, India’s largest airline by market share, on Monday announced its decision to buy 500 Airbus A320 planes in a huge aviation deal on the first day of the Paris Air Show. Though the company did not disclose the deal value, informed sources pegged the list price to be around $55 billion.

The deal is the largest ever order placed by an airline by volume and takes Indigo’s orders with Airbus to 1,330 planes, including the ones it currently operates. In a statement, IndiGo said the deliveries of the aircraft are expected between 2030 to 2035.

“It is difficult to overstate the significance of IndiGo’s new historic order for 500 Airbus A320 Family aircraft.