Record plane orders raise stakes in India’s aviation boom: Report
NEW DELHI/PARIS (Reuters) – Record plane orders by India’s top two carriers show the country’s untapped potential for air travel and its rise as an aviation superpower, but recent airline failures and rows over regulations suggest progress may not be smooth.
Indian budget airline IndiGo announced at the Paris Airshow on Monday the biggest ever plane order by number of aircraft with a deal for 500 Airbus narrowbody jets.
A day later, rival Air India firmed up an order for 470 Airbus and Boeing aircraft that, until Monday, had been the industry leading plane deal.
