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IAE lands $1.7 billion IndiGo order, launches new service product

IndiGo, the Indian startup partly owned by former US Airways CEO Rakesh Gangwal, selected V2500s to power its 100 A320s on order, giving International Aero Engines not only its biggest order at $1.7 billion but also launching the company's new V2500Select service product. The aircraft order, announced during this year's Paris Air Show, starts delivery from July 2006, IAE said. IndiGo is the creation of InterGlobe Enterprises Ltd., an Indian travel conglomerate. IAE President Mark King ...

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