IndiGo A320 Order Terms Expire

The parent company of Indian low-cost carrier IndiGo said the airline’s provisional order for 250 A320s from Airbus has expired but it is talking with the OEM about acquiring a “significant” number of A320neo aircraft.

The parent company of Indian low-cost carrier IndiGo said the airline’s provisional order for 250 A320s from Airbus has expired but it is talking with the OEM about acquiring a “significant” number of A320neo aircraft.

InterGlobe Aviation confirmed in a statement on Tuesday (June 30) that the terms of order, placed last October and worth $26bn at list prices, had expired.

It said there was no guarantee that it would be able to negotiate a new aircraft order with Airbus, but the OEM’s CEO Fabrice Brégier told Reuters that he remained unconcerned by the delay.

TAGS: Asia
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