The Indian company Indigo explodes the counters and buys 500 Airbus A320
A historic contract for civil aviation: the Indian airline Indigo has placed an order for 500 Airbus A320 family aircraft, the largest in terms of quantity ever recorded. What illustrate the thirst of this company and the Indian aviation market in general, which will explode in the years to come.
Executives of the airline IndiGo, including CEO Pieter Elbers, with his Airbus counterpart, Guillaume Faury, and other officials of the European manufacturer, at the Paris Air Show, north of Paris, Monday, June 19, 2023. AP - Lewis Joly
Text by: RFI Follow
With our correspondent in New Delhi, Sébastien Farcis
Indigo is hungry and makes it known: the "low cost" airline, only 17 years old, is already devouring the Indian market, with 61% market share, ahead of its big sister, the historic Air India. And it has announced that it wants to double in size and capacity by the end of the decade.
Indigo had already pre-purchased 480 Airbus aircraft so far. With this new order, the company should receive nearly 1,000 new single-aisle aircraft within ten years.
Immoderate? Not really, when we see that the Indian civil aviation market is already growing twice as fast as the world average, and that the country's domestic traffic, which is Indigo's strength, is expected to increase fivefold in twenty years.
The next step for Indigo is to compete with Air India on international flights, and for that, the company is in negotiations with Airbus and Boeing to buy about 25 large aircraft.
>> Read also: The future of low-carbon aviation depends on sustainable fuel
NewsletterReceive all the international news directly in your mailbox
Follow all the international news by downloading the RFI application
Read on on the same topics:
- Trade and Commerce