India’s largest domestic airline, IndiGo, has placed the single largest order . This is the biggest ever for narrow body aircraft by signing an agreement with Airbus for 250 A-320neo (new engine option) aircraft.
The list price for A-320 aircraft is $102 million, putting the collective list price of IndiGo order at a whopping $25.5 billion.
The low cost carrier (LCC) had earlier placed orders for 280 A-320s and the new MoU is over and above the previous order.
IndiGo founders signed the MoU with Airbus, which described it as the European aircraft manufacturer’s “single largest order by number of aircraft”.
IndiGo president Aditya Ghosh said: “This new order reaffirms IndiGo’s commitment to the long-term development of affordable air transportation in India and overseas. The additional aircraft will enable us to continue to bring our low fares and courteous, hassle free service to more customers and markets and will create more job opportunities and growth. The IndiGo team is energised and excited to herald this new phase of our growth.”
Airbus president Fabrice Bregier said: “The A320neo continues to dominate world market share and this commitment confirms the A320 Family as the aircraft of choice in the most dynamic aviation growth markets. We thank IndiGo and its co-founders for their tremendous vote of confidence.”
The A320neo “new engine option” incorporates many innovations, including latest generation engines and large Sharklet wing-tip devices, which together deliver 15 percent in fuel savings from day one and 20 per cent by 2020 which is equivalent to a reduction of 5,000 tonnes of CO2 per aircraft per year.
The A320 Family is the world’s best-selling single aisle product line with almost 11,000 orders to date and over 6,200 aircraft delivered to 400 customers and operators worldwide. Thanks to its widest cabin, all members of the A320 Family offer the industry’s best level of comfort in all classes and Airbus’ 18” wide seats in economy as standard.
We can expect thousands of jobs in aviation.