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Aerospace

IndiGo signs MoU for 250 A320neo aircraft

India's largest domestic airline by market share, IndiGo and 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.

The agreement will become Airbus’ single largest order by number of aircraft.

Aditya Ghosh, President of IndiGo said, “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 energised and excited to herald this new phase of our growth.”

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IndiGo has previously placed orders for 280 Airbus aircraft (100 A320ceo and 180 A320neo).

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“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, Airbus President and CEO.

 

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