"I told him this aircraft needs a fuel (efficiency) improvement of 10-15 percent and this would really sell the numbers he expected with the current Airbus A380," said Baker.

"Just to clarify: This is not an A380 press conference," joked John Leahy, Airbus' sales chief, as the start of the announcement. A320neos list for $108.4 million apiece and A321neos at $127 million.

My InsiderEmirates had already been leasing these planes for the past 12 years, but this commitment is a signal of further confidence in the type. No airline can buy brand-new A380s because Airbus ...

The purchase agreement boosts the total of Airbus aircraft on order from IndiGo to 1,330, making the airline Airbus’ largest customer. [Courtesy: Airbus] IndiGo, India’s largest airline, has ...

India’s IndiGo airline is buying 500 passenger jets from European planemaker Airbus, the two companies said Monday, in a record-setting order that underscores surging demand for air travel ...

Airbus, a European aerospace company, announced it will sell 500 single-aisle planes to IndiGo, India’s largest airline, in what is now the biggest plane deal by aircraft in history.

Airbus' previous biggest-ever sale came in August 2015, when it sold 250 A320neos to Indian budget airline IndiGo, a deal estimated to be worth $26 billion at list prices.

New Delhi-based IndiGo's order surpasses another mammoth deal signed months earlier by Air India for 470 aircraft from both Airbus and U.S.-based rival Boeing.