In the single-largest aircraft deal in global aviation history, low-cost carrier (LCC) IndiGo has announced an order to acquire 180 Airbus A-320 aircraft at an estimated cost of Rs 70,200 crore ($15.6 billion). The planes will be delivered between 2016 and 2025. This is the second time that IndiGo has placed such a massive aircraft order.
In 2005, India’s second-largest airline announced it would buy 100 A-320s at a cost of $6 billion. It has received 34 of those aircraft and the rest will join its fleet by 2015.IndiGo recently piped Air India for third position in terms of domestic market share after Jet Airways and Kingfisher Airlines. It is expected to take the second spot soon. IndiGo will complete five years of domestic operations in August and become eligible to fly international.
IndiGo’s memorandum of understanding with Airbus Industries inked for single-aisle aircraft includes 150 eco-efficient ‘Neo’ series planes, which are yet to be produced, making it the launch customer for the series. The remaining 30 are for standard A-320s.
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