India’s largest airline sets record, orders 500 aircrafts

India’s largest airline by market share, IndiGo, has placed an order for 500 A320 Family aircraft, setting the record for the biggest single purchase agreement in the history of commercial aviation.

The latest agreement takes the total number of Airbus aircraft on order by IndiGo to 1,330, establishing its position as the world’s biggest A320 Family customer.

The purchase agreement was signed by Promoter & Managing Director of IndiGo, Rahul Bhatia; Chairman and Non-Executive Independent Director of IndiGo, Dr. Venkataramani Sumantran; Pieter Elbers, CEO of IndiGo, Guillaume Faury, Airbus CEO; and Christian Scherer, Airbus Chief Commercial Officer and Head of International, at the Paris Air Show 2023.

The CEO of IndiGo, Pieter Elbers, said, “It is difficult to overstate the significance of IndiGo’s new historic order for 500 Airbus A320 Family aircraft. An order book now of almost 1000 aircraft, well into the next decade, enables IndiGo to fulfil its mission to continue to boost economic growth, social cohesion, and mobility in India. At IndiGo, we take pride in being India’s preferred airline for connectivity in and with India; and, by doing so, being one of the leading airlines in the world. This order strongly reaffirms IndiGo’s belief in the growth of India, in the A320 Family and in our strategic partnership with Airbus.”

The Chief Commercial Officer and Head of International at Airbus, Christian Scherer, said, “This landmark order marks a new chapter in Airbus and IndiGo’s relationship that is democratising 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, which have been powering IndiGo’s growth for almost two decades. We cherish our long-standing 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 into international markets through the expansion of this formidable partnership.”

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