IndiGo – Going in a big way

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India’s low cost airline Indigo has signed a memorandum of understanding (MoU) with Airbus for an order of 180 A-320 aircraft from 2016 to 2025.  IndiGo officials informed that the deal was the natural choice to meet Indian market’s growing flying needs.

It is estimated that this deal will be the biggest deal ever made by any Indian company in the aviation history which will cost around $15.6 billion at the prevailing catalogue price of Airbus Industries. 

IndiGo has signed a memorandum of understanding (MoU) for 180 eco-efficient Airbus A320 aircraft of which 150 will be A320neo's and 30 will be A320s. It operates 34 Airbus A320s on 25 domestic sector destinations and is planning to launch international flights by August of this year.

 

These new aircrafts will be loaded with latest technologies and fuel efficient engines which will help in saving up to 15 percent savings spent on fuel. Engine configuration rates will be decided at some later stage.

IndiGo co-founders Rakesh Gangwal and Rahul Bhatia said that “This order for industry leading fuel efficient aircraft will allow IndiGo to continue to offer low fares.''

They further informed that “Ordering more A320s is the natural choice to meet India's growing flying needs. The opportunity to reduce costs and to further improve our environmental performance through the A320neo is the key to our decision.'

It seems that IndiGo’s this decision will create a new competition among different airlines to provide better services at lower cost. The launch of IndiGo’s international flights in coming August will further help the international travellers to get good and better packages.

The Indian aviation sector is bouncing back with domestic passenger traffic growing 18.5% in January to September, 2010 period. Thus different Indian aviation sector (public and private sector) companies are preparing themselves well to capture the growing flying demands presently and in the future also.

 

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