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Indian Budget airline IndiGo orders 250 Airbus A320neo

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India’s largest airline by market share, IndiGo  on their 9th year, has finalised the purchase of 250 narrow bodied A320neo Family aircraft, signed on on the 69th Independence Day of India on the 15th August 2015. This historical aircraft purchase agreement was European Aerospace giant’s largest-ever order by number of planes in deal worth £17billion  $ 26.55bn at list prices. Aditya Ghosh, President of IndiGo said, “This new order further reaffirms IndiGo’s commitment to the long-term development of affordable air transportation in India and overseas. The additional fuel efficient A320neo 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 even more energised and excited than ever before to herald this new phase of our growth for many years to come.” 

The budget airline has now ordered 530 A320 family planes in total from Airbus according to the aircraft manufacturer Airbus. The latest deal overtakes their arch-rival Boeing in orders for the fast growing upgraded narrow-body aircraft segment.

The A320neo “new engine option” incorporates many innovations, including latest generation engines and large Sharklet wing-tip devices, which together deliver 15 percent in fuel savings from day one and 20 per cent by 2020. This is equivalent to a reduction of 5,000 tonnes of CO2 per aircraft per year.

The A320 Family is the world’s best-selling single aisle product line with over 11,800 orders to date and more than 6,600 aircraft delivered to 400 customers and operators worldwide. With this order the A320neo order backlog is catapulted to over 4100 aircraft, clearly underpinning its market leading position. Thanks to its widest cabin, all members of the A320 Family offer the industry’s best level of comfort in all classes and Airbus’ 18” wide seats in economy as standard.