New Delhi:

Airbus on Monday said IndiGo has placed a firm order for 30 A350-900 planes.

On April 25, IndiGo said it had agreed to place a firm order for 30 A350-900 aircraft, marking the budget carrier’s entry into the wide-body segment.

“India, the world’s fastest growing major aviation market, is on the verge of an international travel boom as the economy grows and household incomes rise,” Airbus said in a release.

“The A350 is perfectly positioned to serve the country’s aspirations for long-range travel,” it said.

The financial details of the transaction were not disclosed.

The A350 is the world’s most modern and efficient wide-body aircraft in the 300-410 seater category, the release added.

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Chief Aircraft Acquisition and Financing Officer of IndiGo said the new aircraft will be instrumental in supporting the company’s expansion plans and strengthening our position in both domestic and international markets.
| Photo Credit: The Hindu

Singapore-headquartered BOC Aviation Limited on February 14 said it has entered into a finance lease transaction with InterGlobe Aviation Limited (IndiGo). The deal has been signed for four Airbus A320NEO aircraft.

“We are pleased to be closing another four finance leases with IndiGo,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation.

“We continue to work closely with our long-time customer to support its expansion strategy as it builds a fleet of the latest technology fuel-efficient aircraft,” Mr. Townend said in a release.

The aircraft are all powered by CFM LEAP-1A engines. All four aircraft are scheduled for delivery in 2024.

“We are pleased to announce that we have extended our partnership with BOC Aviation through a lease agreement for four Airbus A320NEO aircraft,” said Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer of IndiGo.

He further said that these aircraft will be instrumental in supporting the company’s expansion plans and strengthening our position in both domestic and international markets.

“At IndiGo, we are dedicated to providing our customers with unparalleled travel experiences, and this partnership will allow us to continue delivering affordable, on-time, and hassle-free travel across our extensive 6E network,” he said.