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Thursday 16 October 2014

IndiGo Signs Deal for 250 Airbus A-320neo Aircraft

Mumbai: Budget passenger carrier IndiGo Wednesday signed a deal for 250 Airbus A-320neo aircraft - making it Airbus’ single largest order by number of aircraft.

The Memorandum of Understanding for Airbus’ leading single-aisle aircraft family was signed by its co-founders Rakesh Gangwal and Rahul Bhatia, group managing director of InterGlobe.

IndiGo president Aditya Ghosh said that the new additional aircraft would enable the airline to continue bringing its low fares and hassle-free service to more customers and markets, besides creating more jobs and growth.

“This new order reaffirms IndiGo’s commitment to the long-term development of affordable air transportation in India and overseas,” Ghosh noted.


The current order is the third time that IndiGo has signed such a massive aircraft deal with Airbus.

It signed the first agreement in 2005 to buy 100 A-320s when the total order was worth $6 billion. That order, the planes under which are currently in the process of being delivered, too was one of the highest by any domestic carrier at that time.

Again in 2011, the airline placed the single largest order in global aviation history, for 180 A-320s worth an estimated $15.6 billion from Airbus.

Out of the 180 single-aisle aircraft, 150 are supposed to belong to the eco-efficient 'neo' series, and the remaining 30 are the standard A-320s.

They are expected to be delivered between 2016 and 2025.
Read news in full 15/10/14 IANS/New Indian Express
The current order is the third time that IndiGo has signed such a massive aircraft deal with Airbus. (File/PTI)

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