Airbus has finalized the aerospace company's biggest order after it inked a $26.5 billion deal with India's popular budget airline, IndiGo.
India's largest domestic airline, IndiGo has ordered 250 A320neo family aircraft, a deal which is worth around $26.5 billion at list prices, the European aviation giant confirmed Monday.
The A320neo aircraft is a more fuel efficient version of Airbus' A320, which will help IndiGo deliver more low-cost fares and enable the company further opportunity to create a greater amount of jobs and growth, Aditya Ghosh, president of IndiGo confirmed with CNBC over the phone Monday.
Kiran Rao, head of strategy and marketing at Airbus, told CNBC Monday what the company was "very excited now that they've (IndiGo) ordered 250 aircraft, making it the largest deal in the history of Airbus."
"With India being one of the fastest airline markets in the world, Airbus is extremely proud of this particular deal."