IndiGo, the leading low-cost carrier in India, has achieved a historic milestone by placing an order for 500 Airbus A320 family aircraft, setting a new record in the aviation industry. This monumental deal was secured at the Paris Air Show 2023, solidifying IndiGo's position as the world's largest customer of the A320 Family and underlining its continued growth and success.
Surpassing Previous Mega Orders: IndiGo's latest order surpasses Air India's previous record-breaking order of 470 aircraft, which was placed earlier this year with both Airbus and Boeing. With this remarkable purchase, IndiGo now boasts an order book approaching 1,000 aircraft, combining the recent acquisition with a previous order of 480 planes. The steady stream of deliveries from 2030 to 2035 will significantly contribute to IndiGo's long-term growth strategy.
Strengthening the Partnership with Airbus: The purchase agreement signed at the Paris Air Show further enhances the strategic relationship between IndiGo and Airbus. While details regarding engine selection and the specific mix of A320 and A321 aircraft are yet to be determined, this record-breaking order cements the collaboration between the two entities.
Advancing Fuel Efficiency and Sustainability: IndiGo's decision to invest in the fuel-efficient A320NEO family aircraft aligns with its commitment to reducing operating costs and improving fuel efficiency. The addition of these young and eco-friendly planes will greatly support IndiGo in achieving its sustainability goals, building upon its already impressive 21% reduction in CO2 emissions between FY16 and FY23.
Driving Economic Growth and Connectivity: IndiGo's CEO, Pieter Elbers, highlights the significance of the nearly 1,000 aircraft order book in driving economic growth, social cohesion, and mobility in India. With a mission to make affordable air travel accessible to all, IndiGo aims to enhance India's air connectivity within its domestic network and expand into international markets through its strategic partnership with Airbus.
Airbus' Commitment to India's Aviation Market: Christian Scherer, Airbus Chief Commercial Officer and Head of International expresses enthusiasm for the partnership's expansion and the positive impact it will have on India's air travel landscape. This landmark order with IndiGo showcases Airbus' dedication to supporting the growth of India's air connectivity and making affordable air travel available to millions of people in one of the world's fastest-growing aviation markets.