IT WAS LITERALLY India's moment at the Le Bourget airport, the site of the famed Paris Air Show. Of more than 1,000 aircraft ordered at the event, 970 were bought by Indian carriers IndiGo and Air India. Coming within five months of the national flag carrier Air India announcing its order for 470 aircraft (the purchase agreement for which was signed at the same air show), IndiGo also finalised an order for 500 aircraft from the Airbus 320neo family. As a result, the Gurugram-based low-cost carrier (LCC) not only surpassed the Air India order, but also established a new record for the single largest purchase agreement in commercial aviation. Reacting to the announcement, British Prime Minister Rishi Sunak said, "This contract is a major win for our aerospace sector. Airbus's deal with IndiGo will be worth billions to the UK and support thousands of jobs across the country-helping to grow the economy."
The new deal takes the total number of Airbus aircraft on order by IndiGo to 1,330 in the past 12 years. According to experts, the delivery of the new 500 aircraft, however, will start only after 2026. In an oblique reference to the carrier's future growth strategy, CEO Pieter Elbers said, "The additional 500 [aircraft]... will help IndiGo move forward, to make sure that we live up to our promise and continue to build our unparalleled network, both domestic (India) and international."
Not to be left behind, the country's newest scheduled carrier, Akasa Air, also ordered four additional Boeing 737-8 MAX jets to support its international foray.
GLOBAL AMBITIONS
この記事は Business Today India の July 23, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Business Today India の July 23, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky