This Article is From Jul 10, 2014

Airbus Denies $20-Billion IndiGo Jet Deal Report

Paris/New Delhi:
Airbus Group NV denied a report on Thursday of an imminent deal to sell 200 aircraft to Indian carrier IndiGo.
Bloomberg said in a report published earlier in the day that IndiGo was in talks with Airbus to order 200 additional A320neo jets valued at about $20.6 billion, citing people familiar with the plans.
"Rumours of a deal are unfounded," an Airbus spokesman told Reuters, but added, "We are always in talks with our customers."
The report had said the deal could be announced as early as next week at the Farnborough International Airshow, adding that while IndiGo had talked with Boeing Co, the airline's preference was to stick with Airbus.
Sakshi Batra, a spokeswoman for IndiGo, declined to comment on the report.
Reuters reported on Wednesday that Airbus is sprinting to line up preliminary orders for a revamped version of its A330 jet and is on stand-by to make an announcement at Farnborough.
Copyright @ Thomson Reuters 2013