PARIS: IndiGo firms A320 MOU

[INDIAN SOLDIER]

PARIS: IndiGo firms A320 MOU

Indian low-cost carrier IndiGo has firmed up its order for 180 Airbus A320s, including 150 A320neos, following a memorandum of understanding signed in January.

The order comprises 150 A320neos and 30 A320s, for delivery from 2015 to 2024. Airbus chief operating officer John Leahy puts the order's worth at $16.2 billion, calling it the "largest aircraft transaction" ever.

IndiGo has previously said it has chosen Pratt & Whitney's PW1100G geared turbofan engine to power the A320neos.

The airline will acquire the aircraft through a mix of operating and financial leases, said its president Aditya Ghosh. IndiGo will take 10 to 12 aircraft a year and use the new orders to expand its network. It will begin international services from September with flights to Dubai, Singapore and Bangkok. Ghosh said the airline will also launch flights to Muscat and Kathmandu in the fourth quarter.

Deliveries from the airline's previous 100 aircraft A320 order will end in 2015, said Ghosh. "So it perfectly dovetails with the new order's deliveries beginning that year," he said.

PARIS: IndiGo firms A320 MOU

 

[Protectionist Gareth]

Wow Largest Aircraft transaction ever! That too by Indian firm...Good Goin!

 

[INDIAN SOLDIER]

Wow Largest Aircraft transaction ever! That too by Indian firm...Good Goin!

Yes, it is also showing our emerging economic status at international level.

 

[Zeeshan360]

If I am not wrong this thing happened 2 months back ??

 

[INDIAN SOLDIER]

If I am not wrong this thing happened 2 months back ??

Upto my knowledge, it was all discussions Bro and not only for these but regarding for additional 6 C-130 too and finally come on papers today.

 

[lilaspr]

AirAsia CEO Tony Fernandes signed off Thursday on an $18.5 billion order for 200 of Airbus' new A320neo aircraft, The order is the largest ever, eclipsing the previous record set just Wednesday by another A320neo customer, Asian carrier IndiGo. Airlines often negotiate discounts on large deals.

 

[jha]

Am not too happy to see so much money going out..Wish we had our own planes like these..

 

[INDIAN SOLDIER]

One more Good news guys!!!

GoAir buys 72 Airbus A320neo aircraft

LE BOURGET, FRANCE (PTI): After the mega order of 180 aircraft by IndiGo, its no-frill competitor GoAir on Thursday confirmed its deal worth USD 6.6 billion to buy 72 next generation Airbus A-320 aircraft.

While the order for these A-320neo aircraft were placed a few weeks ago, an agreement to this effect was signed at the 49th Paris Air Show here on Thursday. The deal is worth 6.6 billion as per the list price of the plane.

The low-cost airline currently operates 10 A-320s with an average age of two years, which makes it the youngest airline fleet in India.

Airbus delivered GoAir's first A-320 in 2007 from its original order of 20 such planes placed a year earlier.

It would take delivery of the other 10 aircraft over the next two years, an Airbus spokesperson said here.

"Today, we have shown our commitment to the growth of our airline and to our loyal customers. The combined order for 92 Airbus aircraft (20 A-320s and 72 A-320neo) reinforces our longstanding partnership with the leading manufacturer and the leading aircraft the market has to offer," GoAir Managing Director Jeh Wadia said.

The A320neo, which has got overwhelming response since its launch and has almost 1000 commitments from customers till date, would be available from 2015.

Industry sources said this would be the time when GoAir is likely to start getting deliveries of this aircraft.

"We are delighted with GoAir's endorsement of our A-320neo. As an established operator of the A-320, GoAir clearly recognises the benefits and productivity gains of being able to operate A-320s and A-320neo harmoniously in a single fleet," Airbus CEO and President Tom Enders said.

The A320neo has over 95 per cent airframe commonality making it an easy fit into existing fleets while offering up to 500 nautical miles (or 950 kilometres) more range or two tonnes more payload.

GoAir buys 72 Airbus A320neo aircraft - Brahmand.com