Wednesday
13
Dec 2017

IndiGo orders 250 aircrafts worth $26.5 billion

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IndiGo orders 250 aircrafts worth $26.5 billion Airbus.com

TBN Report ---

Paris : Indian Airline IndiGo has ordered 250 A320neoaircrafts worth some $26.5 billion at catalogue prices.

India’s largest domestic airline by market share, IndiGo celebrated their 9th birthday by firming up their last year’s commitment and ordering 250 A320neo Family aircraft. This historic aircraft purchase agreement was signed on the 69th Independence Day of India on 15 August, 2015.

Aditya Ghosh, President of IndiGo said, “This new order further reaffirms IndiGo’s commitment to the long-term development of affordable air transportation in India and overseas. The additional fuel efficient A320neo aircraft will enable us to continue to bring our low fares and courteous, hassle free service to more customers and markets and will create more job opportunities and growth. "

IndiGo placed an order in 2005 for 100 A320s which have all now been delivered. In 2011 IndiGo became the first Indian operator to commit to the A320neo bringing their total to 280 Airbus aircraft. With today’s announcement, IndiGo has ordered 530 A320 Family aircraft with Airbus.

“It fills us with pride that IndiGo, India’s largest airline and one of the early launch customers for the A320neo, is coming back for more of our benchmark aircraft. This order confirms the A320 Family as the airliner of choice in the most dynamic aviation growth markets. We thank IndiGo and its Co-Founders, Rakesh Gangwal and Rahul Bhatia for their tremendous vote of confidence,” said John Leahy, Airbus Chief Operating Officer Customers.

The A320neo “new engine option” incorporates many innovations, including latest generation engines and large Sharklet wing-tip devices, which together deliver 15 percent in fuel savings from day one and 20 per cent by 2020. This is equivalent to a reduction of 5,000 tonnes of CO2 per aircraft per year.

The A320 Family is the world’s best-selling single aisle product line with over 11,800 orders to date and more than 6,600 aircraft delivered to 400 customers and operators worldwide. With this order the A320neo order backlog is catapulted to over 4100 aircraft, clearly underpinning its market leading position accoding to a statement of Airbus.

Aug. 2015

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