ISTANBUL, June 4 (Reuters) – Airbus (AIR.PA) is closing in on a doubtlessly report deal to promote 500 narrowbody A320-family jets to India’s largest service, Indigo (INGL.NS), trade sources mentioned on Sunday.
The European planemaker has emerged as front-runner for an order eclipsing Air India’s historic provisional buy of 470 jets in February, the sources mentioned on the sidelines of an airline trade assembly in Istanbul.
Airbus and Boeing are additionally competing in talks to promote 25 wide-body jets to the identical airline, they mentioned.
IndiGo, which is already a significant Airbus buyer with a lot of planes on order, and the France-based planemaker each declined remark. Boeing additionally declined to remark.
Reporting by Tim Hepher, Aditi Shah and Joanna Plucinska; Enhancing by Hugh Lawson
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