Boeing, IndiGo In Negotiations For Wide-Body Jet Order: Report

Boeing Co BA is reportedly in the lead to receive an order from Indian carrier IndiGo for roughly 25 wide-body aircraft.

IndiGo is in talks to buy Boeing's 787 family of twin-aisle aircraft, which has been pitted against Airbus SE EADSY A330neo jets. However, a decision has yet to be finalized, reported Reuters, citing sources familiar with the matter.

Also Read: Presidential Hopeful Marianne Williamson Calls For Trimming Defense Budget By 20%: 'System Theft, Systemic Ripoff'

Recently, IndiGo placed an order for 500 Airbus narrow-body jets.

Related: It's Official - Airbus Confirms 500 A320 Family Aircraft Order From IndiGo

Earlier, a record deal was entered by rival Air India for 470 Airbus and Boeing planes.

IndiGo began international operations with a Boeing 777, its first twin-aisle aircraft, earlier this year.

Price Action: BA shares are trading higher by 0.33% at $236.50 premarket on Monday.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!