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Indigo to place record order for 300 Airbus A320s: report

Oct 30, 2019 12:56 IST

IndiGo is close to placing a near-record order for more than 300 Airbus A320 neo-family jets worth at least 33 billion dollars, according to a Reuters report.The move is aimed at cementing its position as India's largest carrier by market share. 

Brokerage house Citi maintained a 'neutral' call on the stock. It said  the recent grounding of airplanes is not a big concern if remaining planes can be better utilized and the fleet is enhanced.