NEW YORK | Airbus won a large order today from India largest commercial airline by market shares; Indigo Airlines. IndiGo along with its Co-Founders, Rakesh Gangwal and Rahul Bhatia, Group Managing Director of InterGlobe, have signed a Memorandum of Understanding (MoU) for 250 firm A320neo Family aircraft thats worth more than 24 Million Dollars. The agreement will become Airbus’ single largest order by number of aircraft ordered at once.
Indigo Airlines currently operates a fleet of more than 80 A320ceo aircraft; that is both lease and owned. It also has an order for 280 aircraft’s that is separate from todays announcements. The order are for 100 A320ceo and 180 320neo. Along with today announcements Indigo Airlines now was more than 500 Airbus aircraft’s on order. Why so much you might ask? Indigo promise to have an average age fleet of no more than 6 years old. Once a plane reach that age mark Indigo then least those to other carriers. Aditya Ghosh, President of IndiGo Airlines and Fabrice Bregier of Airbus; comments on the new orders
“This new order reaffirms IndiGo’s commitment to the long-term development of affordable air transportation in India and overseas. The additional 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 energized and excited to herald this new phase of our growth.”
– Aditya Ghosh, Indigo Airlines President
“The A320neo continues to dominate world market share and this commitment confirms the A320 Family as the aircraft 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 Fabrice Brégier,
– Fabrice Bregier, Airbus President and CEO.
WHO IS INDIGO AIRLINES?
Indigo Airlines is owned and operated by InterGlobe Enterprise and was founded in 2006 by Rahul Bhatia of InterGlobe Enterprises and Rakesh S Gangwal of NRI. InterGlobe holds 51.12% stake in IndiGo and 48% is held by Gangwal’s Virginia-based company Caelum Investments
The airline commenced operation in 2006 and haven’t look back since; having more than 84 aircrafts in its fleet and more than 500 on order as of October 15 2014; the airline has became the only airline in India today that has been making profits. All within 8 years. it is also great to know that Indigo Airlines launched with more than 32% of the Indian commercial market. A market that is only likely to get bigger and bigger; and with other airlines such as SpiceJet, Jet Airways and Air India are all looking for a piece of a large pie.
Today Indigo Airlines operates to more than 30 domestic and international destination worldwide and maintained a hub at Indira Gandhi International Airport in Delhi; where most of Indigo Airlines operation happens, the airline also has operating base at Chhatrapati Shivaji International Airport In Mumbai and Kempegowda International Airport in Bengaluru. International destination includes; Singapore; Suvarnabhumi Airport in Bangkok, Dubai International Airport in Dubai, UAE.
GALLERIA | Indigo Airlines A320 Photo Gallery