Design World

  • Home
  • Technologies
    • 3D CAD
    • Electronics • electrical
    • Fastening & Joining
    • Factory automation
    • Linear Motion
    • Motion Control
    • Test & Measurement
    • Sensors
    • Fluid power
  • Learn
    • Ebooks / Tech Tips
    • Engineering Week
    • Future of Design Engineering
    • MC² Motion Control Classrooms
    • Podcasts
    • Videos
    • Webinars
  • LEAP AWARDS
  • Leadership
    • 2022 Voting
    • 2021 Winners
  • Design Guide Library
  • Resources
    • 3D Cad Models
      • PARTsolutions
      • TraceParts
    • Digital Issues
      • Design World
      • EE World
    • Women in Engineering
  • Supplier Listings

Indian Airline Makes Huge Order for 250 Airbus Jets

By The Associated Press | August 17, 2015

Share

India's budget airline IndiGo aircrafts are seen at the Indira Gandhi International (IGI) airport in New Delhi, India, Monday, Aug. 17, 2015.  (AP Photo/Rishabh R. Jain)Indian budget airline IndiGo finalized an exceptionally large order for 250 single-aisle Airbus A320neo jets on Monday to keep up with rapid growth in the country’s air travel.

IndiGo, India’s largest domestic airline, had signed a preliminary order last year and firmed it up Monday, Airbus said in a statement. The manufacturer based in Toulouse, France, called it the biggest order by number of jets that it had ever received.

At list prices, the jets would cost $26 billion, though customers usually negotiate discounts.

Several Asian low-cost carriers are building up fleets amid growing demand, and both Airbus and rival Boeing Co. have been wooing Indian airline companies.

India is expected to become the third largest aviation market globally by 2020, with the number of airline passengers tripling to some 450 million trips per year, as an expanding middle class trades up from slow train journeys to taking a plane.

IndiGo’s president, Aditya Ghosh, said the order would allow his company to further develop low-cost travel in India and abroad. The company has already taken delivery of around 100 Airbus aircraft that were part of an order for 180 aircraft worth $15.6 billion signed in 2011.

Despite the projected growth, airlines in India are generally unprofitable due to high fuel costs and stiff competition. Except for IndiGo, most other airlines, including state-owned Air India, have been incurring huge losses and are in financial distress.

The A320neo is an upgraded, more fuel-efficient version of Airbus’ popular A320 jets, usually used on mid-range flights.


Filed Under: Aerospace + defense

 

Related Articles Read More >

Mars helicopter receives Collier Trophy
Flexible rotary shafts to power Delta Airlines’ engines powering their first Airbus A321neo aircraft
Ontic acquires Servotek and Westcon product lines from Marsh Bellofram
Flexible rotary shafts support thrust reverser on 150 LEAP 1-A turbofan engines

DESIGN GUIDE LIBRARY

“motion

Enews Sign Up

Motion Control Classroom

Design World Digital Edition

cover

Browse the most current issue of Design World and back issues in an easy to use high quality format. Clip, share and download with the leading design engineering magazine today.

EDABoard the Forum for Electronics

Top global problem solving EE forum covering Microcontrollers, DSP, Networking, Analog and Digital Design, RF, Power Electronics, PCB Routing and much more

EDABoard: Forum for electronics

Sponsored Content

  • Renishaw next-generation FORTiS™ enclosed linear encoders offer enhanced metrology and reliability for machine tools
  • WAGO’s smartDESIGNER Online Provides Seamless Progression for Projects
  • Epoxy Certified for UL 1203 Standard
  • The Importance of Industrial Cable Resistance to Chemicals and Oils
  • Optimize, streamline and increase production capacity with pallet-handling conveyor systems
  • Global supply needs drive increased manufacturing footprint development

Design World Podcasts

June 12, 2022
How to avoid over engineering a part
See More >
Engineering Exchange

The Engineering Exchange is a global educational networking community for engineers.

Connect, share, and learn today »

Design World
  • Advertising
  • About us
  • Contact
  • Manage your Design World Subscription
  • Subscribe
  • Design World Digital Network
  • Engineering White Papers
  • LEAP AWARDS

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Design World

  • Home
  • Technologies
    • 3D CAD
    • Electronics • electrical
    • Fastening & Joining
    • Factory automation
    • Linear Motion
    • Motion Control
    • Test & Measurement
    • Sensors
    • Fluid power
  • Learn
    • Ebooks / Tech Tips
    • Engineering Week
    • Future of Design Engineering
    • MC² Motion Control Classrooms
    • Podcasts
    • Videos
    • Webinars
  • LEAP AWARDS
  • Leadership
    • 2022 Voting
    • 2021 Winners
  • Design Guide Library
  • Resources
    • 3D Cad Models
      • PARTsolutions
      • TraceParts
    • Digital Issues
      • Design World
      • EE World
    • Women in Engineering
  • Supplier Listings