New aircraft is fuel efficient and includes many innovations
Sweta Ranjan | August 17, 2015 | New Delhi
Indian budget airline IndiGo has finalized an exceptionally large order for 250 single-aisle A320neo jets. India’s largest domestic airline by market share, IndiGo celebrated its 9th birthday by firming up its last year’s commitment on Monday and ordering 250 A320neo Family aircraft. IndiGo’s move underscores growth plans for the carrier, which has a 38.4% share of the local market.
“This new order further reaffirms IndiGo’s commitment to the long-term development of affordable air transportation in India and overseas," said Aditya Ghosh, president, IndiGo.
"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. The IndiGo team is energised and excited to herald this new phase of our growth for many years to come,” he said.
IndiGo placed an order in 2005 for 100 A320s which have already 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.
This is the company's biggest ever order by number of jets. The A320neo is an upgraded, more fuel-efficient version of Airbus' popular A320 jets, usually used on mid-range flights. The A320neo “new engine option” incorporates many innovations, including latest 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.
Prime minister Narendra Modi underlined the need for a consensus among the nation to realise the dream of a beautiful shared future, as he addressed the plenary session of the World Economic Forum (WEF) in Davos on Tuesday. After introductory remarks by the Forum`s founder and executive chai
REC Transmission Projects Company Ltd (RECTPCL), a subsidiary of Rural Electrification Corporation Ltd (REC), has handed over project specific special purpose vehicle (SPV) namely ERSS XXI Transmission Ltd to Power Grid Corporation of India Ltd (PGCIL). Competing alongside with the private p
Bharat Earth Movers Limited (BEML), a ministry of defence PSU, has launched a 5.4 ton wheel loader BL30-1 at Excon Exhibition 2017 in Bangalore. The high performance and rugged wheel loader is designed and developed by BEML. BL30-1 Frontend Wheel Loader is designed for maximum
The supreme court should be subjected to constant scrutiny so that it improves, Justice Jasti Chelameswar said at a book release function on Monday. This was his first public appearance in Delhi after a January 12 press conference at which he and three fellow judges had spoken up about their differences wi
Much before Communist Party of India (Marxist) general secretary Sitaram Yechury got marginalised within the party’s central committee last week over the possibility of an alliance with the Congress, is learnt to have had an interesting conversation with Arun Jaitley, his fellow student-politician ba
Pandit Chhannulal Mishra is a noted exponent of Banaras and Kairana gharanas. Born in Hariharpur of Azamgarh district, he learnt musical notes from various gurus and thus his music is an amalgamation of various forms and gharanas. His classical folk music has been mesmerising music lovers across the wo