India's GoAir confirms order for 72 Airbus A320neos

23rd June 2011, Comments 0 comments

Indian budget airline GoAir said on Thursday it confirmed its order for 72 medium-haul Airbus A320neo passenger jets at the Paris International Air Show.

The deal, worth 6.6 billion dollars (4.6 billion euros) at catalogue prices, was confirmed by GoAir boss Giorgio de Roni and came as Indian carriers continue an aircraft shopping spree to meet booming demand on the subcontinent.

"India is the fastest growing aviation market in the world," said Airbus sales chief Jon Leahy on Thursday.

The A320neo is the upgraded and more fuel-efficient variant of the workhorse A320 and it has emerged as the star of the airshow with hundreds of orders.

The medium-haul market is the single most important segment of the industry and will likely account for nearly half of all commercial aircraft sales by value over the next 20 years, according to Airbus rival Boeing which makes the 737 series, the biggest selling aircraft.

© 2011 AFP

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