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IndiGo could place big aircraft order by early 2015, say sources

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Reuters
Low-cost carrier IndiGo is close to placing a large order worth billions of dollars for a variety of aircraft and could reach a decision as early as 2015, according to industry sources.

IndiGo, India's largest airline by market share, could pick up a combination of regional planes that can seat up to 100 passengers, narrowbody aircraft such as the Airbus Group A320s that it already operates, and wide-body jets for launching medium- to long-haul services, said Binit Somia, the director of South Asia at industry consultancy Capa, at a conference on Tuesday. He added that an order was imminent. Two other industry sources familiar with orders by Indian airlines confirmed that the airline was actively looking for aircraft and could make a decision by early 2015. Both sources declined to be identified as they were not authorised to speak to the media. Officials from IndiGo, India's only profitable carrier, and Airbus could not be reached for comment. Any plans for widebody aircraft would mark a switch in IndiGo's business model, which has so far focused on domestic and international flights of up to five hours, and make it the first Indian long-haul, low-cost airline.
 


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First Published: Oct 15 2014 | 12:35 AM IST

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