Moneycontrol PRO
HomeNewsBusinessCompaniesThe A321Neo induction: IndiGo's international plans get a wing

The A321Neo induction: IndiGo's international plans get a wing

The new aircraft will help the Rahul Bhatia-led airline to fly to Europe, and add destinations in Asia.

December 31, 2018 / 15:38 IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Induction of the first A321Neo plane will give wings to IndiGo's international ambition, with the country's largest airline expected to add destinations in Asia and Europe to its network.

The airline's first A321Neo arrived in Delhi on December 29, making its maiden flight from the Hamburg facility of Airbus, the aircraft manufacturer. This is part of its 150-aircraft order.

Promising to be 15 percent more fuel efficient than the A320 series, the new aircraft can also fly about 900 km more in a single flight. Its manufacturer also claims that the A321Neo will lead to 8 percent cut in operating costs and is also more environment friendly, as it is not as noisy as its precedent, and also emits lower nitrogen oxide.

The fuel efficiency and lower costs will interest the Rahul Bhatia-led airline the most. It is presently going through a financial crunch unseen before in the airline, having reported its first quarterly loss  - in the second quarter of the present financial year - since getting listed on the bourses in 2015.

International push

Bhatia, who had talked about the new aircraft's induction in his interaction with Moneycontrol earlier this month, is also keen is using the planes to aggressively expand internationally.

IndiGo presently flies to 56 destinations, including 15 international ones.

"The A321Neo range is about 4000 nm (nautical miles), i.e 7400 km depending on aircraft configuration and is ideal for medium and long haul flights up to 8 hours," said  Capt Shakti Lumba, aviation professional and former Executive Director, Airline Operations (Alliance Air) and Vice President, Ops (IndiGo).

Most of IndiGo's present international network consists of destinations in South Asia, the South-East and Middle-East. These include, Colombo, Dhaka, Singapore, Phuket, Dubai and Sharjah.

"Most Middle-East destinations are now possible on A320s," said an aviation executive, who added that IndiGo can now operate flights on Delhi-Istanbul-London route.

IndiGo had earlier this month announced a codeshare agreement with Turkish Airlines, which flies to multiple destinations in Europe. A code share agreement allows passengers to benefit from the two airlines' network.

Reports had earlier talked about the airline wanting to also fly to France, Germany and Switzerland.

"At present, IndiGo has flights to Singapore from Mumbai. Now with A321Neo, it can fly to Singapore from Delhi too," added the executive.

It may take a few more months for IndiGo to deploy the new aircraft. Aviation experts say that the company will need anywhere between three to six months to get all the approvals and permits to fly to the international destinations.

"Now they can take forward their global long haul, low cost model on that aircraft," said an aviation consultant.

Prince Mathews Thomas
Prince Mathews Thomas heads the corporate bureau of Moneycontrol. He has been covering the business world for 16 years, having worked in The Hindu Business Line, Forbes India, Dow Jones Newswires, The Economic Times, Business Standard and The Week. A Chevening scholar, Prince has also authored The Consolidators, a book on second generation entrepreneurs.
first published: Dec 31, 2018 03:38 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347