Toulouse, France – 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 energized and excited to herald this new phase of our growth.”
IndiGo has previously placed orders for 280 Airbus aircraft (100 A320ceo and 180 A320neo).
“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.
The A320neo new engine option incorporates many innovations, including latest-generation engines and large Sharklet wing-tip devices, which together promise to deliver 15% in fuel savings from day one and 20% by 2020, which is equivalent to a reduction of 5,000 tonnes of CO2 per aircraft per year.
The A320 family single aisle product line has almost 11,000 orders to date and over 6,200 aircraft delivered to 400 customers and operators worldwide.
Source: Airbus