GoAir, 'The Fly Smart Airline' based in Mumbai, signed a purchase agreement for 10 Airbus A320 family aircraft with an option for a further ten at Farnborough air show on Monday 17th July 2006. The aircraft will be powered by CFM International engines.

GoAir launched services with two leased A320's in November 2005, with a further five leased A320's scheduled to enter the fleet during 2006. All of the A320 aircraft on firm order will seat 180 passengers in an all-economy layout. In bringing these aircraft into service GoAir will expand services to major business and leisure destinations across the country.

"I am delighted to have signed this contract which is a demonstration of our long standing confidence in the Airbus A320 family. These aircraft will enable us to develop our network and introduce new routes not previously served and we are excited about being able to offer the "Fly Smart" experience to more cities and passengers throughout India," Mr Jeh Wadia, Managing Director, GoAir.

"I am very happy that GoAir has extended its partnership with Airbus by signing an agreement for more aircraft. The purchase agreement signifies the growth of the airline and the increasing popularity of the A320 aircraft," said Christian Streiff, Airbus President and CEO.

GoAir currently operates a fleet of Airbus A320s with 24 flights covering 13 cities including Jammu & Srinagar.

Airbus' A320 family is the acknowledged technological leader in the single-aisle class, with advanced features such as fuel-saving wingtip fences, weight-saving composites, and the reliability that comes from its modern design and ease of maintenance. It also consistently leads in independent passenger and operator surveys.

Airbus' A320 family is the most successful aircraft family in the world, and having been chosen by around 180 operators around the world, including both traditional and low-cost carriers. Firm orders for the Airbus A320 family stand at almost 4,300 aircraft, more than 2,800 of which have been delivered.

Airbus is an EADS joint Company with BAE Systems.