Indigo signed deal with ATR for 50 aircraft

Indian Aviation News

India’s largest Budget passenger carrier IndiGo on Tuesday said it has signed a term sheet with turbo-prop manufacturer ATR for the purchase of 50 aircraft.

According to the company, it has entered into a term sheet agreement for the purchase of 50 ATR 72-600 aircraft with certain flexibilities on the number of deliveries.

A term sheet is a non-binding agreement, which sets forth the basic terms and conditions under which an investment shall be made.

“This term sheet is subject to reaching a mutually satisfactory final purchase agreement with ATR and the engine manufacturer,” the company said in a statement.

“Their decision further proves that our aircraft is the right tool to link communities and develop business throughout India,” said ATR Chief Executive Christian Scherer, commenting on the provisional order with IndiGo.

More Indigo News?

Summer Tickets @899 :

Passengers will be able to book tickets at a starting fare of Rs 899 (all inclusive) from May 8 to May 10 on select domestic routes and vacation gateways like Mumbai-Goa, Ahmedabad-Mumbai, Chennai-Port Blair, Guwahati-Hyderabad, Mumbai-Guwahati, Jammu-Amritsar, Delhi-Udaipur, Kolkata-Agartala among many others. The travel period will be from June 1 to August 31.

The special fares are available on around 14 routes from Chennai. Prices begin at Rs 999 to Bengaluru, Rs 1,799 to Mumbai, Rs 2,299 to Kolkata, Rs 1,099 to Coimbatore, Rs 1,299 to Kochi, Rs 3,499 to Delhi, Rs 1,999 to Goa, Rs 1,399 to Hyderabad, Rs 3,099 to Indore, Rs 1,299 to Madurai, Rs 3,599 to Port Blair, Rs 1,899 to Pune, Rs 1,799 to Thiruvananthapuram and Rs 1,099 to Visakhapatnam.

Indigo chief commercial officer Sanjay Kumar said, “After receiving a positive response on the April sale, we are delighted to announce another 3-day summer special offer. We are anticipating an increase in demand beyond summer vacations.