Feeds

Airbus secures whopping 180 plane deal

'Biggest single order in commercial aviation history'

The smart choice: opportunity from uncertainty

Airbus is celebrating the "biggest single order in commercial aviation history" today, having secured a Memorandum of Understanding from Indian operator IndiGo for 180 Airbus A320s.

Louis Gallois, chief executive of Airbus parent European Aeronautic Defence and Space Company (EADS), enthused to the press: "It is the best way to start the year. I can't underestimate the size and importance of this deal."

The bulk of the $15.6bn order is for 150 examples of the forthcoming A320neo, which from 2016 will offer customers "new, more efficient engines and large wingtip devices called Sharklets delivering significant fuel savings of up to 15 per cent".

IndiGo co-founders Rakesh Gangwal and Rahul Bhatia said: “This order for industry leading fuel-efficient aircraft will allow IndiGo to continue to offer low fares.

"Ordering more A320s was the natural choice to meet India’s growing flying needs. The opportunity to reduce costs and to further improve our environmental performance through the A320neo were key to our decision.”

Reuters describes the deal as "an early blow in for Airbus in the annual battle with US rival Boeing for sales supremacy", and EADS shares hit a three-year high as the news broke. Reuters has further analysis here, while you can find the Airbus press release here. ®

The Power of One Infographic

More from The Register

next story
World Solar Challenge contender claims new speed record
One charge sees Sunswift travel 500kms at over 100 km/h
SMELL YOU LATER, LOSERS – Dumbo tells rats, dogs... humans
Junk in the trunk? That's what people have
The Sun took a day off last week and made NO sunspots
Someone needs to get that lazy star cooking again before things get cold around here
Boffins discuss AI space program at hush-hush IARPA confab
IBM, MIT, plenty of others invited to fill Uncle Sam's spy toolchest, but where's Google?
Beancounters tell NASA it's too poor to fly planned mega-rocket
Space Launch System would need another $400m and a lot of time
Jurassic squawk: Dinos were Earth's early FEATHERED friends
Boffins research: Ancient dinos may all have had 'potential' fluff
Bad back? Show some spine and stop popping paracetamol
Study finds common pain-killer doesn't reduce pain or shorten recovery
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.