Tuesday, January 11, 2011

DTN News - AIRLINES NEWS: Airbus Lands Record $16 Billion IndiGo Order....NSI News Source Info # 1413

DTN News - AIRLINES NEWS: Airbus Lands Record $16 Billion IndiGo Order....NSI News Source Info # 1413
Source: DTN News - - This article compiled by Roger Smith from reliable sources Reuters
(NSI News Source Info) PARIS, France - January 11, 2011: Airbus on Tuesday announced what it called the biggest jet order in commercial aviation history, a $15.6 billion deal to sell 180 planes to Indian budget carrier IndiGo that includes the first orders for a revamped model.

The deal comes as the European planemaker tallies its plane orders for 2010, but will not enter the order book in time to decide whether Airbus will come from behind to win a fiercely contested annual battle against Boeing (BA.N) for most sales.

The order includes 30 classic A320s -- Airbus's best-selling model, which carries 150 people on short and medium routes -- and 150 upgraded versions of the same type of aircraft, which Airbus says will offer airlines significant fuel savings from 2016.

"It is the largest single firm order number for large jets in commercial aviation history, and also makes IndiGo a launch customer for the A320neo," Airbus said in a statement.

The claim for a place in the aviation record books refers to deals for large aircraft, a category of planes with over 100 seats, ranked by the volume of planes sold.

Single-aisle planes are the backbone of most airline fleets and sell for around $80 million at list prices. Airlines usually win discounts, especially for launch orders, but the neo has been marketed at a premium due to its lower operating costs.

Airbus launched the "A320neo" -- an upgraded version of its best-selling A320 150-seat workhorse -- in December but had not so far won anything more than messages of support.

http://defense-technologynews.blogspot.com/2011/01/dtn-news-airlines-news-airbus-lands.html

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