India’s Indigo Purchases 250 A320neo Airbus Jets

India’s Indigo Purchases 250 A320neo Airbus Jets
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IndiGo, the budget airline owned by InterGlobe Enterprises, with a fleet of 97 airplanes and with 38 destinations and headquartered in Gurgaon, Haryana, India, finally decided to seriously expand. It seems that 6183 weekly flights and a market share of 38.4% in India is not enough and only 5 international destinations are definitely not going to suffice in future. While many airlines are barely scraping by, most of the so-called budget airlines are experiencing a boom in business, so it is only understandable that a company, which would like to not only be domestically present, expands the fleet of aircraft and become a serious competitor elsewhere as well.

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Currently estimated to be the within the 10 largest low-cost carriers in the world, IndiGo intends to purchase 430 Airbus 320 family of aircraft altogether, with deliveries having started in July 2015 and estimated delivery of the remaining 100 initially ordered Airbus 320neo planes to be finalised by the end of 2016, whereby all 430 aircraft should be delivered no later than 2022. The latest order of 250 A320neo or New Engine Option Airbus airplanes was made on August 15th, 2015 and it is a deal worth around 26.5 billion US dollars. This order of 250 jets is the largest order Airbus has ever received.

IndieGo keeps the average fleet age very low, any aircraft that is older than 6 years is being phased out and makes place for new arrivals. The new Airbus A320neo has a completely newly designed engine, which is more fuel efficient and technically improved, when compared to the more widely known A320 aircraft engine. In comparison to the competition, the A320neo directly competes with the upgraded 737 Max engine manufactured by Boeing. This purchase will most definitely make IndieGo the largest domestic airline in India.

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