IndiGo-Airbus deal a ‘major win’ for UK’s aerospace sector: Rishi Sunak

Rishi Sunak has described the IndiGo-Airbus deal as a ‘major win’ for the United Kingdom’s aerospace sector, saying that the agreement will help the UK’s economy to grow.

UK PM Rishi Sunak (File Photo)(via REUTERS)
UK PM Rishi Sunak (File Photo)(via REUTERS)

“This contract is a major win for our aerospace sector. @Airbus’s deal with @IndiGo6E will be worth billions to the UK and support thousands of jobs across the country – helping to grow the economy,” the UK prime minister tweeted on Tuesday, a day after the two companies signed the contract.

While primarily French, Airbus, it must be noted, is a multinational aerospace corporation with offices and assembly plants in several countries, including both France and the UK. Its corporate name, in fact, is ‘Airbus SE;’ the ‘SE’ bit, which stands for ‘societas Europaea’ (European company/society), enables the company to register itself as a European corporation, rather than a national corporation.

IndiGo’s ‘thank you’ to Rishi Sunak

Meanwhile, responding to Sunak, the United Kingdom’s first Asian (Indian)-origin prime minister, IndiGo thanked him for his ‘encouraging words.’

“Our partnership with @Airbus will indeed further propel growth in the aerospace sector and together this will help drive prosperity through increased travel and commerce. Thank you for your support,” the Gurugram-headquartered India’s largest budget carrier said in a tweet.

IndiGo-Airbus deal

Under the ‘largest-ever’ purchase in the history of commercial aviation– it is worth $55 billion – IndiGo will buy 500 A320 aircraft from Airbus, with the planes to be delivered between 2030-2035. Including these 500 planes, the budget carrier has, since its 2006 inception, ordered a massive total of 1,330 aircraft from the multinational corporation.

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