In Pics | IndiGo’s mega plane order worth $50 billion creates history
The contract is worth $50 billion at list price, and between 2030 and 2035, IndiGo will receive these brand-new aircraft. IndiGo now has approximately 300 aircraft in service, and it has 480 aircraft on order, all of which will be delivered by the end of 2030.
Indigo, the country's largest airline by market share, on June 19 placed an order for 500 Airbus aircraft in the largest purchase agreement in aviation history. The order comprises a mix of A320 Neo, A321 Neo and A321XLR aircraft.
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Civil Aviation Minister Jyotiraditya Scindia said that Indigo's record purchase from Airbus of 500 aircraft for $50 billion demonstrates the country's potential for civil aviation. The minister also discussed the industry's nine-year period of unprecedented growth.
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The order is the largest purchase order in aviation history surpassing Air India’s order of 470 aircraft, which was placed in February 2023, as part of Tata Group’s expansion plans. It had placed the order for 220 aircraft with Boeing and 250 aircraft with Airbus.
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The contract is worth $50 billion at list price, and between 2030 and 2035, IndiGo will receive these brand-new aircraft. the airline now has approximately 300 aircraft in service and it has 480 aircraft on order, all of which will be delivered by the end of 2030.
"The new order speaks about the growth potential that Indian aviation holds, it gives IndiGo time to elaborately plan our domestic, and international network and also our pilot requirements going forward, "Pieter Elbers, Chief Executive Officer of IndiGo said while speaking to the media through an online press conference. (Image: Pieter Elbers' Linkedin profile)
!["The new order speaks about the growth potential that Indian aviation holds, it gives IndiGo time to elaborately plan our domestic, and international network and also our pilot requirements going forward, "Pieter Elbers, Chief Executive Officer of IndiGo said while speaking to the media through an online press conference. (Image: Pieter Elbers' Linkedin profile)](https://images.moneycontrol.com/static-mcnews/2023/06/Indigo-CEO.jpg ""The new order speaks about the growth potential that Indian aviation holds, it gives IndiGo time to elaborately plan our domestic, and international network and also our pilot requirements going forward, "Pieter Elbers, Chief Executive Officer of IndiGo said while speaking to the media through an online press conference. (Image: Pieter Elbers' Linkedin profile)")
