Airbus denies $20 billion IndiGo jet deal report

Jul 10 2014, 15:03 IST
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'The deal may be announced as early as next week at the Farnborough International Airshow.' 'The deal may be announced as early as next week at the Farnborough International Airshow.'
SummaryAirbus Group NV denied a report on Thursday of an imminent deal to sell 200 aircraft to Indian airline IndiGo.

Airbus Group NV denied a report on Thursday of an imminent deal to sell 200 aircraft to Indian airline IndiGo.

Bloomberg said in a report published on Thursday that IndiGo was in talks with Airbus to order 200 additional A320neo jets valued at about $20.6 billion, citing people familiar with the plans.

"Rumours of a deal are unfounded," an Airbus spokesman told Reuters, but added, "We are always in talks with our customers."

Bloomberg said the deal could be announced as early as next week at the Farnborough International Airshow, adding that while IndiGo had talked with Boeing Co, the airline's preference was to stick with Airbus.

Sakshi Batra, a spokeswoman for IndiGo, declined to comment on the report.

Reuters reported on Wednesday that Airbus is sprinting to line up preliminary orders for a revamped version of its A330 jet and is on stand-by to make an announcement at Farnborough.

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