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IndiGo will double its fleet size by 2030: CEO Elbers

ByTeam BB

Jun 20, 2023

NEW DELHI: IndiGo, which placed a historic order for 500 A320s with Airbus on Monday, currently operates nearly 310 aircraft and enjoys an over 60% domestic market share. IndiGo CEO Pieter Elbers said the airline will double its fleet size by 2030.
Its large orders help it have a young fleet of fuel-efficient planes through continuous replacements alongside fleet augmentation, a process slowed by current supply chain constraints.
IndiGo’s order book, comprising a mix of A320neo (new engine option), A321neo and A321XLRs (extra-long range), has almost 1,000 aircraft yet to be delivered well into the next decade. “Placing an order so well in advance gives us the flexibility to decide between the mix of A320/321neo and A321XLRs as we approach the end of this decade, depending on the demand then. It also helps us prepare for the fleet augmentation in all terms, including pilots,” Elbers said.
Air India had this February ordered 470 aircraft from Boeing and Airbus with 400 single-aisles and 70 wide-bodies, including A350s, Boeing 787s and B777X, valued at $70 billion at list price. IndiGo’s current order book is for all single-aisles and the airline has kept the option for having wide-bodies in its fleet open. It has wet leased (hired with operating crew) two wide-bodies of Turkish Airlines which are deployed on Delhi-Istanbul and Mumbai-Istanbul routes.
IndiGo will decide the engines — with Pratt & Whitney & CFM being options — “in due course” along with “exact mix of A320 and A321 aircraft”. Boeing had also made a strong pitch for its single-aisle B737MAX. “The fuel-efficient A320neo family aircraft will allow IndiGo to maintain its strong focus on lowering operating costs and delivering fuel efficiency,” the airline said.

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