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Wed, Jan 12, 2011

India's Budget Airline Makes Largest Jet Order In Aviation History

And In The Process Becomes A Launch Customer For The A320neo

India's largest low-cost carrier, IndiGo has signed a Memorandum of Understanding for 180 Airbus A320 aircraft of which 150 will be A320neo’s and 30 will be A320s. It is the largest single firm order number for large jets in commercial aviation history, and also makes IndiGo a launch customer for the A320neo. Engine selection will be announced by the airline at a later date.

The A320neo, which is expected to begin deliveries in 2016, incorporates new, more efficient engines and large wing tip devices called Sharklets delivering significant fuel savings of up to 15 percent, which represents up to 3,600 tonnes of CO2 annually per aircraft. In addition, Airbus estimates that the A320neo will provide a double-digit reduction in NOx emissions and reduced engine noise.

“This order for industry leading fuel efficient aircraft will allow IndiGo to continue to offer low fares,” said Rakesh Gangwal and Rahul Bhatia, co-founders of IndiGo. “Ordering more A320s was the natural choice to meet India’s growing flying needs. The opportunity to reduce costs and to further improve our environmental performance through the A320neo were key to our decision.”

“The A320 Family is the recognised market leader. The A320neo, offering maximum benefit for minimum change, will ensure that this continues to be the case for many years to come,” said John Leahy, Chief Operating Officer Customers.  “This order positions IndiGo to take full advantage of the predicted growth in Indian air travel and we are delighted that they continue to build their future with Airbus.”

FMI: www.airbus.com

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