Airbus In Talks With India's IndiGo For 500-Jet Order: Report
Portfolio Pulse from Akanksha Bakshi
Airbus is reportedly in talks with India's largest carrier, IndiGo, for a potentially record-breaking order of 500 A320-family jets. Airbus and Boeing are also competing to sell 25 A330neo or Boeing 787 wide-body jets to IndiGo. Latvian airline airBaltic is negotiating with Airbus for 30 more A220 passenger jets.
June 05, 2023 | 11:25 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Airbus is close to securing a record-breaking order of 500 A320-family jets from IndiGo and is in talks with airBaltic for 30 more A220 passenger jets.
The potential order of 500 A320-family jets from IndiGo and the negotiations with airBaltic for 30 more A220 passenger jets would significantly boost Airbus' sales and revenue. This news is likely to have a positive impact on Airbus' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Boeing is competing with Airbus to sell 25 A330neo or Boeing 787 wide-body jets to IndiGo.
Boeing is competing with Airbus for the sale of 25 wide-body jets to IndiGo. While this potential order would be beneficial for Boeing, it is uncertain which company will secure the deal. Therefore, the short-term impact on Boeing's stock price is neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50