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GoAir signs $7.7 billion deal with Airbus for 72 A320neos

Reuters

FARNBOROUGH, England (Reuters) - GoAir, India's fifth-biggest carrier by passengers travelled, announced on Tuesday a preliminary agreement with European planemaker Airbus to buy 72 A320neos in a deal worth about $7.7 billion at current list prices.

The deal will help continue GoAir's growth, the airline said in a statement, and built on its existing order for 72 of the same aircraft which it made in 2011.

"The new aircraft will help us in unlocking new domestic routes while providing a springboard for continued international network expansion in the years to come," Go Air CEO Wolfgang Prock-Schauer said in the statement.

(Reporting by Sarah Young; Editing by Mark Potter)