IndiGo places purchase order for 250 A-320 neo planes with Airbus

Order, worth nearly $26 billion, is the largest single order for jets from the European planemaker


Sweta Ranjan | October 16, 2014

In order to cement the top position, budget airline IndiGo on Wednesday placed a purchase order for 250 A320 neos planes from Airbus. The order, worth nearly $ 26 billion, is the largest single order for jets from the European planemaker.

IndiGo plans to expand aggressively with more market share. Country’s only profit making carrier will start taking delivery of planes from 2018. The company has also secured the rights to buy 100 A320.

One of the top officials of Indigo said IndiGo is aiming to list on the Indian stock exchange in 2015. IndiGo currently has a fleet of 83 Airbus 320.

Seeming unperturbed with the entry of new players such as Air Asia and Vistara, IndiGo has taken this bold step to further enhance its network. While other low cost carriers such as SpiceJet is opting for cutting down the size of their fleet IndiGo is eyeing to grow by more than 75 percent in the next six years.

IndiGo, India’s biggest airline by market share, is the only no-frill airline to post six straight years of profit. An aviation analyst says: “This order is further going to give tough time to other LCC. It is the right strategy of the company that has kept the company going even when the other carriers are crying against high fuel taxes."

Analysts visualise the deal as a strong indicator for long term potential of the Indian civil-aviation market.

The A320 neo (new engine option) offers better efficiency with improvement results in 20 percent fuel saving per seat along with two tones more payload, up to 500 nautical miles additional range, lower operating costs and reduction in engine noise and emissions.



Other News

Governance Now journalists win award for best TB reporting

Governance Now on Thursday bagged the REACH Media Awards for 2017-2018 for best reporting (English category) on tuberculosis (TB) at an event co-hosted by REACH, USAID and Lilly Global Health in partnership with the Lancet Commission on Tuberculosis. Our cover story

Simple facts about Special Status states

N Chandrababu Naidu-led Telugu Desam Party (TDP) on Friday parted ways from the BJP-led National Democratic Alliance (NDA) at the centre. The official quitting of the alliance was preceded by the pulling out of two ministers out of the Narendra Modi government, a week ago. The

Peak performance

What is Narendra Modi’s biggest electoral success during the current term as prime minister? At first blush, most would say the Uttar Pradesh victory. That would be looking at the obvious (UP is the heart of the Hindi heartland) and at mere numbers (it has the maximum Lok Sabha seats). Yes, it was a

On a dangerous tangent

The killing of a seven-year-old boy at Ryan International School, Gurgaon, suddenly brought focus on violence by students in school. It was a gruesome case indeed: On September 8 last year, Barun Chandra Thakur dropped his children, including seven-year-old Pradyuman, at school around 8 am. By the time he

Juvenile crime and punishment

Like our jails, our correction centres for juvenile offenders are hardly conducive to bringing about positive change. No one will dispute the fact that an underaged criminal, especially if he or she is a first-timer, needs to be given a chance to reform, however heinous the crime. Unfortunately, society&rs

If you’re happy and you know it...

Finland has emerged as the world’s happiest country, as per the World Happiness Report 2018. The report has ranked 156 countries by their happiness levels, and 117 countries by the happiness of their immigrants. This year, the main focus of the report is on migration within and between countries.

Current Issue

Current Issue


CM Nitish’s convoy attacked in Buxar


Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter