Monday, March 30, 2015

IndiGo gets approval to import 400 aircraft over next 10 years

New Delhi: IndiGo has received approval from the government to import 400 additional aircraft over the next 10 years. The airline already has in place an approval (granted in May 2010) to import 150 A320 neos till 2025.
If the import approvals are anything to go by, on an average IndiGo will be importing one aircraft every week for the next 10 years making it the fastest and largest fleet expansion programme for any scheduled airline in India’s civil aviation history. The country’s nine scheduled airlines operate between them around 375 aircraft currently.
To put things in perspective, IndiGo itself has inducted on an average one aircraft every month since it started operations on August 4, 2006. At present, it has an operational fleet of 93 aircraft. IndiGo had a lion’s share — 37.1 per cent — of the traffic in the domestic market as of last month.
30/03/15 Sharmistha Mukherjee/Financial Express
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