GoAir signs $7.7 billion deal with Airbus for 72 A320neos

GoAir signs $7.7 billion deal with Airbus for 72 A320neos

The deal will help continue GoAir's growth, the airline said in a statement, and built on its existing order for 72 of the same aircraft which it made in 2011.

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Reuters
  • Jul 12, 2016,
  • Updated Jul 12, 2016 6:38 PM IST

GoAir, country's fifth-biggest carrier by passengers travelled, announced on Tuesday a preliminary agreement with European planemaker Airbus to buy 72 A320neos in a deal worth about $7.7 billion at current list prices.

The deal will help continue GoAir's growth, the airline said in a statement, and built on its existing order for 72 of the same aircraft which it made in 2011.

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"The new aircraft will help us in unlocking new domestic routes while providing a springboard for continued international network expansion in the years to come," Go Air CEO Wolfgang Prock-Schauer said in the statement.

GoAir, country's fifth-biggest carrier by passengers travelled, announced on Tuesday a preliminary agreement with European planemaker Airbus to buy 72 A320neos in a deal worth about $7.7 billion at current list prices.

The deal will help continue GoAir's growth, the airline said in a statement, and built on its existing order for 72 of the same aircraft which it made in 2011.

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"The new aircraft will help us in unlocking new domestic routes while providing a springboard for continued international network expansion in the years to come," Go Air CEO Wolfgang Prock-Schauer said in the statement.

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