IndiGo, has placed a firm order for 500 A320 Family aircraft, setting the record for the largest single purchase agreement in commercial aviation history. The latest deal brings the total number of Airbus aircraft ordered by IndiGo to 1,330, establishing its position as the world's largest A320 Family customer.
The landmark purchase agreement was signed by Rahul Bhatia, IndiGo Promoter and CEO, Dr. Venkataramani Sumantran, IndiGo Chairman and Independent Non-Executive Director, Pieter Elbers, IndiGo CEO, Guillaume Faury, Airbus CEO, and Christian Scherer, Commercial Director and International Head of Airbus, at the 2023 Paris Air Show.
Pieter Elbers, CEO of IndiGo, said: “It is hard to overstate the significance of IndiGo's landmark new order for 500 Airbus A320 Family aircraft. An order book of nearly 1,000 aircraft well into the next decade enables IndiGo to fulfill its mission to further drive economic growth, social cohesion and mobility in India. At IndiGo, we pride ourselves on being India's preferred airline for connectivity in and with India; and in doing so, to be one of the world's leading airlines. This order strongly reaffirms IndiGo's belief in India's growth, the A320 Family and our strategic partnership with Airbus."
“This historic order marks a new chapter in the Airbus and IndiGo relationship that is democratizing affordable air travel for millions of people in the world's fastest growing aviation market. It is also a resounding endorsement of the A320 Family's best-in-class operating economics that has fueled IndiGo's growth for nearly two decades. We value our storied relationship with IndiGo and are proud of our success together. We look forward to contributing to the growth of India's air connectivity in its domestic network and in international markets through the expansion of this formidable partnership,” said Christian Scherer, Airbus Commercial Director and Head of International.
New Delhi-based IndiGo is among the fastest growing operators in the world. Since its first A320neo aircraft was delivered in March 2016, its A320neo Family fleet has grown to be one of the largest in the world with 264 aircraft in operation (162 A320neo, 79 A321neo, 21 A320ceo and 2 A321 Freighters). . IndiGo placed its first order with Airbus in 2005 (100 A320 Family) and again in 2011 (180 A320 Family including NEO), in 2014 (250neo Family) and in 2019 (300 A320neo Family), bringing its total order book prior to 830 A320 Family aircraft.
Over the past two decades, the A320neo has been instrumental in the democratization of air travel in India, as an expanding economy and rising disposable income continue to add millions of first-time flyers to an aviation market. booming.
Globally, the A320 Family is the undisputed leader in the single-aisle aircraft category. The aircraft has the widest single-aisle cabin in the sky incorporating the latest technologies. It features improved aerodynamics and state-of-the-art jet engines, resulting in significant reductions in fuel consumption and lower emissions. With more than 8,700 orders from more than 130 customers, the A320neo Family is the aircraft family of choice for airlines around the world across all business models.