Vistara orders Boeing, Airbus jets worth $3.1 billion

NEW DELHI/SINGAPORE

Jul 12, 2018-

 Indian airline Vistara has placed firm orders for six Boeing Co 787 jets and 13 Airbus SE A320neos valued at $3.1 billion at list prices, as it looks to add more domestic flights and launch international routes later this year.

The order for Boeing’s 787s marks a new setback for Airbus in an intense battle for widebody orders as the European planemaker seeks to strengthen the order book for its upgraded A330neo passenger jet. Boeing posted figures on Tuesday showing a significant lead in new orders over its European rival, buoyed by demand for the 787 following a series of showdowns against the A330neo. Airbus said last week it saw good demand for the upgraded jet and is expected to announce orders soon.Vistara joins rival Jet Airways and low-cost carriers IndiGo and SpiceJet that have plans to grow their international operations to offset a highly competitive, price-sensitive domestic market.

Published: 12-07-2018 08:49

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