GoAir in $7.7­bn deal with Airbus for 72 A320s

NEW DELHI: GoAir, India’s fifth biggest airline by market share, has signed a fresh memorandum of understanding (MoU) with Airbus for 72 A320 Neo aircraft, in a

NEW DELHI: GoAir, India’s fifth biggest airline by market share, has signed a fresh memorandum of understanding (MoU) with Airbus for 72 A320 Neo aircraft, in a deal worth about $7.7 billion at current list prices, at the Farnborough International Airshow. The Wadia Group-promoted GoAir announced its latest order following a similar agreement for 72 A320neo (new engine option) placed in 2011, bringing the total orderbook to 144 aircraft. The first two aircraft from this order were delivered in June. “The new A320neo provide us the competitive edge to achieve our growth targets and help us strengthen our presence,” GoAir CEO Wolfgang Prock-Schauer said.

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