PARIS — India’s IndiGo airline is buying 500 passenger jets from European planemaker Airbus FR:AIR, the two companies said Monday, in a record-setting order that underscores surging demand for air travel fueled by the country’s economic growth.
IndiGo, India’s dominant carrier, is buying the narrow-body A320 aircraft in what the companies said was the single biggest purchase agreement in commercial aviation history. The purchase highlights how the two companies are “democratizing affordable air travel for millions of people in the world’s fastest growing aviation market,” Airbus Chief Commercial Officer Christian Scherer said in a statement.
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