GoAir Signs USD$7.7 Billion Deal With Airbus For A320neos

India's GoAir has signed a Memorandum of Understanding with Airbus for 72 A320neos in a deal worth around USD$7.7 billion at current list prices.

The deal will help continue GoAir's growth, the airline said in a statement, and built on its existing order for 72 of the same aircraft which it made in 2011.

"The new aircraft will help us in unlocking new domestic routes while providing a springboard for continued international network expansion in the years to come," Go Air chief executive Wolfgang Prock-Schauer said in the statement.