Airbus reportedly favourite (over Boeing) to win IndiGo’s 500 A320 aircraft order

airbus A320

Banc Sabadell | According to Reuters, Airbus (AIR) is reportedly the favourite (over Boeing) to win IndiGo’s 500 A320 aircraft order, making it the industry’s largest order by volume (versus one for 470 aircraft placed by Air India a few months ago). On the other hand, both Airbus and Boeing are reportedly also competing to sell 25 aircraft (AIR’s A330neo or Boeing’s 787) to the same airline. No statement has been made by any of the parties involved.

Assessment: This good news confirms the positive outlook for this market, which is currently the third largest aviation market in the world. If confirmed, this order would represent for Airbus close to 60% of all net orders booked in 2022 and around 7% of the total backlog.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.