IndiGo, unveiled a firm agreement with Airbus on Monday. The agreement entailed the purchase of 500 narrow-body planes and marked an extraordinary milestone in the history of civil aviation.
An immense boost is visible in the UK aerospace sector as IndiGo, a prominent player in the industry of civil aviation, solidifies a monumental deal with Airbus. UK Prime Minister Rishi Sunak applauds the multi-billion-dollar agreement, identifying the profound impact of the same on the industry.
The company boasts a fleet of more than 300 aircraft, facilitating an extensive network of more than 1,800 daily flights that have a seamless link between 78 domestic and more than 20 international destinations.
The order book of IndiGo comprises of a mix of A320neo (new engine option), A321XLRs (extra long range) and A321neo and the company has 1,000 aircraft yet to be delivered into the upcoming ten years.
The fleet of the company is projected to grow to a robust strength of 480 and has led to solidification of its position as a formidable force within the civil aviation industry.
Indigo’s momentous milestone
With purchasing 500 narrow-body planes, IndiGo secures its place in the annals of the civil aviation history. This is will also lead to simultaneous injection of billions of pounds in investment and generation of thousands of new jobs for the UK.
The groundbreaking agreement of both the companies also surpasses the recent 470-aircraft deal between Air India and Airbus. This has led to ignition of a competitive race for tapping into the expanding pool of air travelers of India and the extensive expatriate community of the country.
Airbus proudly declares that the order of IndiGo for 500 A320 Family aircraft establishes a remarkable milestone as the largest single purchase agreement ever witnessed in the realm of commercial or civil aviation.
Airbus’s Chief Commercial Officer about the agreement
Chief Commercial Officer and Head of International at Airbus, Christian Scherer emphasizes that, Airbus and IndiGo embark on a transformative journey with this historic order. The journey democratizes accessible air travel for countless individuals in the rapidly expanding aviation industry.
The relevance of this agreement goes beyond mere numbers, because it serves as an outstanding validation of the exceptional operating economics that is offered by A320 family. This has been instrumental in fueling the remarkable growth of IndiGo over nearly twenty years.
He also emphasizes the profound impact of this milestone by underscoring its importance in shaping the future of aviation.
IndiGo’s CEO about the agreement
CEO, Pieter Elbers, highlights that magnitude of the monumental order of IndiGo for 500 Airbus A320 Family aircraft cannot be exaggerated. The firm is poised to fulfill its overall mission of driving economic growth, improving mobility and fostering social cohesion across India with an order book that particularly stretches adequately into the next decade and nears the aircraft mark of 1,000.
The remarkable commitment also underscores the unwavering dedication of IndiGo for propelling the advancement of civil aviation and also make a lasting impact on the development of the country.
