Airbus denies $20 billion IndiGo jet deal report

PARIS/NEW DELHI Thu Jul 10, 2014 2:44pm IST

The logo of Airbus Group, Europe's largest aerospace group, is pictured in front of the company headquarters building in Ottobrunn, near Munich February 26, 2014. REUTERS/Michaela Rehle

The logo of Airbus Group, Europe's largest aerospace group, is pictured in front of the company headquarters building in Ottobrunn, near Munich February 26, 2014.

Credit: Reuters/Michaela Rehle

Related Topics

Stocks

   

PARIS/NEW DELHI (Reuters) - Airbus Group NV (AIR.PA) denied a report on Thursday of an imminent deal to sell 200 aircraft to Indian airline IndiGo.

Bloomberg said in a report published on Thursday 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."

Bloomberg 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 (BA.N), 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.

(Reporting by Supriya Kurane in Bangalore and Tim Hepher in Paris; Writing by Tommy Wilkes in New Delhi; Editing by Gopakumar Warrier and Matt Driskill)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Drug Pricing

REUTERS SHOWCASE

 G20 Meet

G20 Meet

As G20 chases growth goal, members differ on how to get there   Full Article 

Modi Speaks

Modi Speaks

PM Modi says al Qaeda will fail in India - CNN.  Full Article 

Alibaba Listing

Alibaba Listing

Alibaba surges on massive demand in trading debut  Full Article 

Importing Rice

Importing Rice

Top rice exporter India importing over 100,000 T on temporary supply squeeze.  Full Article 

GSK Fined

GSK Fined

China hands drugmaker GSK record $489 mln fine, sentences executives.  Full Article 

HMT in Demand

HMT in Demand

Fans rush to HMT as watchmaker marks time.  Full Article 

Apple Not Cool?

Apple Not Cool?

Some consumers say Apple is losing its "cool" factor  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage