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IndiGo finalizes $26.6bn 250 A320neos Plane Deal With Airbus

IndiGo firmed up its 2014 commitment and ordering 250 A320neo Family aircraft. This historical aircraft purchase agreement was signed on the 69th Independence Day of India on 15-Aug-2015.

The A320neo deal with India’s Indigo airline extends the lead of Airbus in the most lucrative market in commercial aerospace, for narrow-bodied planes.
IndiGo is an Indian budget airline company headquartered at Gurgaon, India. It is the fastest growing and also the largest airline in India with a market share of 35.8% in July 2015. Photo Credit: Wikipedia

IndiGo president Aditya Ghosh 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. The IndiGo team is even more energised and excited than ever before to herald this new phase of our growth for many years to come.”

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 Airbusaircraft.

With this announcement, IndiGo has ordered 530 A320 family aircraft with Airbus.

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