Mumbai: Indian budget carrier IndiGo, which early Wednesday announced what Airbus said was the biggest large-jet order ever, isn't immediately concerned about how it will finance the deal--a sign of the rising confidence of players in one of the world's fastest-growing aviation markets.
"We have lots of time [to decide on financing options]," said Aditya Ghosh, president of India's largest budget carrier by market-share, adding that the company will consider all options.
"Deliveries of the aircraft start only in 2016," Ghosh told Dow Jones Newswires.
He said also that the company hasn't yet decided whether it will conduct an initial public offering.
His comments came after unlisted IndiGo said it has ordered 180 A320 planes--including 150 of the new A320neos--which Airbus said is the biggest for large jets in aviation history.
The total deal value--at list prices--is $15.6 billion.
12/01/11 Anirban Chowdhury/Dow Jones/Wall Street Journal
To Read the News in full at Source, Click the Headline
Wednesday, January 12, 2011
Home »
Foreign Jan 2011
,
Indigo Airlines Jan 2011
,
New Jan 2011
» IndiGo To Study All Options To Fund $15.6 Bln Airbus Order
IndiGo To Study All Options To Fund $15.6 Bln Airbus Order
Wednesday, January 12, 2011
Related Posts:
Air India Express restarts flights to MumbaiAir India Express is reintroducing its link to Mumbai from Bahrain this Thursday.Passengers will be able to take advantage of the flight that is avail… Read More
NATS to help decongest Mumbai Int'l airportMumbai: The GVK-led consortium, which operates the Mumbai airport, has roped in UK-based air traffic services provider NATS to suggest ways to deconge… Read More
Reyat sentencing not enough: Kanishka co-pilot’s widowLudhiana: While a Canadian Court last Friday sentenced the only person ever convicted for the 1985 Kanishka bombing to nine years in prison, Amarjit K… Read More
FedEx plane from Dubai in fire scareThe pilot of a FedEx cargo flight from Dubai to Mumbai made an emergency landing on 7th January after suspecting a fire in the aircraft’s cargo hold.O… Read More
Airlines get more time to phase out expat pilotsNew Delhi: The civil aviation ministry has granted much-needed relief to domestic airlines, allowing them to employ expat commanders and keep them on … Read More
0 comments:
Post a Comment