Airbus bags 125-aircraft order from India, drops Boeing probe demand

22 June 2005

New Delhi: European aircraft maker Airbus has said that it will supply 125 aircraft to domestic airlines Kingfisher, Jet Airways and soon-to-be-launched IndiGo in deals valued at $13 billion.

The company has received orders for the supply of 100 jets in the single-aisle A320 from IndiGo and 10 aircraft from Jet Airways. The 15 planes order for Kingfisher includes 10 A380 super jumbos - the only buyer among all private airliners in the world, though India still doesn't have a single airport to accommodate the landing of A380.

Besides, Jet has also placed option for 10 more planes, Airbus officials told reporters here.

Officials said that the planes would be sold over the next nine years. While the planes to IndiGo will be supplied over nine years, Kingfisher will get its aircraft over seven years and Jet Airways in the next three years, Airbus officials said.

The Kingfisher deal is a definitive purchase agreement for 15 aircraft. The massive order from IndiGo, being promoted jointly by InterGlobe and Rakesh Gangwal, who has more than two-decades of experience with various airlines, created a stir at the Paris air show last week.