INDIGO PLACES ORDER FOR 300 AIRCRAFT

Low-cost carrier IndiGo has placed a firm order for 300 A320neo family aircraft. The order consists of the A320neo, A321neo and the new long range A321 XLR. The airline already operates the A320neo and the A321neo. The order is valued at around $33 billion at current list prices and will bring IndiGo’s total number of A320neo orders to 730. The announcement was made days after IndiGo announced its biggest quarterly loss, which showed the airline being significantly damaged by the problems surrounding its current A320neo fleet. The notable feature in the new order is the A321XLR, the recently launched long-range jet will put a significant number of new destinations within the airline’s range, especially in Europe. The A321 XLR could even be used to fly non-stop from Delhi to

London. However, it is very unlikely that IndiGo would go down that route. Until the airline decides on a wide body strategy, the A321 XLR will be a strong middle ground for it to expand its operations on international routes.