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Indian budget airline buys 250 Airbus jets, in planemaker's biggest-ever order

  • FILE- This April 16, 2015 file photo shows an India's budget airline IndiGo aircraft approaching for landing at the Indira Gandhi International (IGI) airport in New Delhi, India. Indian budget airline IndiGo finalized an exceptionally large order for 250 single-aisle Airbus A320neo jets on Monday, Aug. 17, 2015 to keep up with rapid growth in the country's air travel.(AP Photo/Altaf Qadri, file)

    FILE- This April 16, 2015 file photo shows an India's budget airline IndiGo aircraft approaching for landing at the Indira Gandhi International (IGI) airport in New Delhi, India. Indian budget airline IndiGo finalized an exceptionally large order for 250 single-aisle Airbus A320neo jets on Monday, Aug. 17, 2015 to keep up with rapid growth in the country's air travel.(AP Photo/Altaf Qadri, file)  (The Associated Press)

  • India's budget airline IndiGo aircrafts are seen at the Indira Gandhi International (IGI) airport in New Delhi, India, Monday, Aug. 17, 2015. IndiGo finalized an exceptionally large order for 250 single-aisle Airbus A320neo jets on Monday to keep up with rapid growth in the country's air travel. Airbus called it the biggest ever order by number of jets for the plane maker based in Toulouse, France.   (AP Photo/Rishabh R. Jain)

    India's budget airline IndiGo aircrafts are seen at the Indira Gandhi International (IGI) airport in New Delhi, India, Monday, Aug. 17, 2015. IndiGo finalized an exceptionally large order for 250 single-aisle Airbus A320neo jets on Monday to keep up with rapid growth in the country's air travel. Airbus called it the biggest ever order by number of jets for the plane maker based in Toulouse, France. (AP Photo/Rishabh R. Jain)  (The Associated Press)

Airbus says Indian budget airline IndiGo has finalized an exceptionally large order for 250 single-aisle A320neo jets.

IndiGo, India's largest domestic airline, had signed a preliminary order last year and firmed it up Monday, Airbus said in a statement. Airbus called it the company's biggest ever order by number of jets.

At list prices, the jets would cost $26 billion, though customers usually negotiate discounts.

Several Asian low-cost carriers are building up fleets amid growing demand. IndiGo's president Aditya Ghosh said the order would allow his company to further develop low-cost travel in India and abroad.

The A320neo is an upgraded, more fuel-efficient version of Airbus' popular A320 jets, usually used on mid-range flights.