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
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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
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