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Airbus Sells 500 Jets To India’s Indigo In Record Aircraft Deal

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LE BOURGET, France—Indian discount airline IndiGo agreed to buy 500 Airbus jets, marking the largest commercial jet deal in civil-aviation history as travel rebounds after the height of the pandemic.

The firm order for the A320 family of narrow-body aircraft is valued at $50 billion at the most recently available list prices before customary discounts that can top 50%.

Global airline traffic is fast approaching prepandemic levels. With plane makers Airbus and Boeing struggling to keep up, carriers are ordering planes for delivery as many as 12 years out, far longer than during previous booms.

Read the full story on The Wall Street Journal here.