Aircraft Orders and Deliveries
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An Indigo A320neo (Photo: Airbus)

IndiGo Places Massive Firm Order for A320neo Jets

Indian low-cost carrier IndiGo has placed an order for 300 A320neo family aircraft in what has been labeled as one of Airbus' largest orders coming from a single carrier. The order is spread out in a mix of A320neos, A321neos and the recently launched A321XLR and is valued at a list price of $33 billion. However, airlines are known to negotiate significant discounts over catalog prices. Ronojoy Jotta, IndiGo’s CEO commented by reiterating the company's mission in strengthening air connectivity…

IndiGo and SpiceJet Report Fiscal Year Losses

Two of India's largest carriers have announced losses at the end of their fiscal years. Both IndiGo and SpiceJet reported losses after seeing operating profits from the previous year. At year-end, IndiGo reported a 1.5 billion rupee ($21.6 million USD) loss before tax. In the previous year, the carrier saw…

Indian Airlines Eyeing Jet Airways’ Assets

With the grounding of Jet Airways in mid-April, other Indian airlines have begun circling trying to get a piece of what remains of the carcass. In order to maintain current levels of capacity, the Indian aviation ministry is granting airlines such as SpiceJet and IndiGo many of Jet’s highly-coveted slots…

WOW air Continues to Look For Buyer

Iceland's WOW air has re-entered talks with rival carrier Icelandair for the acquisition of the struggling low-cost carrier. The decision to re-enter the talks with Iceland's main carrier came after Indigo Partners, owner of numerous low-cost carriers such as America's Frontier Airlines and Hungary's WizzAir, ended discussions with WOW. In…

Airline Industry Group in India Requests Financial Assistance for Major…

The Federation of Indian Airlines (FIA), an airline industry group that speaks on behalf of several major carriers, has penned a formal letter to the nation’s aviation ministry requesting assistance in obtaining unsecured loans to offset ongoing losses. As reported in Bloomberg, airlines are “facing challenging times and substantial losses…

IndiGo Plans to Increase Capacity Despite Challenging Quarter

India is expected to grow to become the third largest aviation market in less than 10 years. As previously reported, it is notoriously difficult for airlines in India to make money. Intense competition has driven down fares to the point that in some cases, fares are not able to even…

New Aviation Fuel Taxes Announced in India Threaten to Further…

Asia has been seeing a retreat in its markets this year and several Asian economies are seeing their currencies continuing to slide in value. The Indian rupee has been among the worst hit in the region with a decline of more than 12 percent versus the dollar this year. As…

India’s Growing Aviation Industry is Struggling to Make Money

India is expected to be the third largest aviation market in less than 10 years. However, carriers on the subcontinent forever struggle to turn a profit. Flag carrier Air India has been on the brink of bankruptcy for quite some time and the government is looking for some good samaritan…

IndiGo Encounters Further Problems with Airbus Aircraft

Indian low-cost carrier IndiGo airlines has encountered further problems with its Airbus aircraft. The carrier has just made the decision to ground five of its Airbus A320neo aircraft due to technical issues. The aircraft's Pratt & Whitney PW1100 Geared Turbo Fan engines are supposedly the cause of the groundings as…

11 More A320neo Aircraft Grounded In India

Following a mid-air engine failure of an IndiGo A320neo operated by Pratt & Whitney PW1100G engines on Monday morning, India’s Directorate General of Civil Aviation (DGCA) immediately sent an order to two airlines to ground 11 additional aircraft in their fleets. Gurgaon, India based IndiGo now has 11 total A320neos…