Indigo places $ 16 Billion order for planes with Airbus

The deal is supposed to be the largest ever single commercial order for large passenger jets for Airbus

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Indian Low Cost Airlines IndiGo has agreed to buy 180 Airbus aircraft "A320neo," & placed order worth $ 15.6 billion with the European aircraft maker as per agencies reports.

The order includes 30 classic A320s -- Airbus's best-selling model which carries 150 people on short and medium routes -- and 150 upgraded versions of the same type of aircraft which Airbus says will offer airlines significant fuel savings from 2016. 

Airbus launched the "A320neo" - an upgraded version of its best-selling A320 150-seat passsenger jet in December but had not so far signed up any customers. 

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