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IndiGo's US$40b shopping spree

New Delhi

ALMOST four years ago a handful of people gathered in Airbus sales chief John Leahy's spacious country house outside Toulouse and argued long into the evening over curry and cigars.

Recently they met again at a Parisian hotel for more haggling, with breaks taken at a nearby cafe where the informality of old business friendships mingled with hard-nosed negotiations typical of the aircraft industry.

The sum total of money discussed over these meals? About US$40 billion at catalogue prices, and...

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