Indigo Airlines

Fifth Birthday makes IndiGo International

Indigo-AirlinesOn completing five successful years in the aviation industry, IndiGo has been permitted to fly abroad. India's largest low-cost carrier (LCC) IndiGo will start their first international flights to Singapore, Bangkok, Dubai and Muscat in August.

During last two months IndiGo has shown great progress in terms of market share. It has jumped from number four position to number two position and achieved equality with Kingfisher airlines.

In the coming months IndiGo will update the schedules and launch dates of the flights. The airlines had shortlisted 15 sectors in the Gulf, south and southeast Asia as destinations to fly this summer.

IndiGo and Kingfisher Airlines share same status

Indigo-AirlinesAviation industry is marked with two airlines on the second position. Kingfisher and IndiGo airlines share same status with market share of 18.6% in December. The top most position is booked by Jet Airways with the market share of 25%.

About 147.05 lakh fliers were recorded in the fourth quarter of 2010, which are more than the prior three quarters of 2010, as per the data revealed by the Directorate General of Civil Aviation (DGCA).

IndiGo’s record deal

IndiGo’s record dealIndiGo airlines has gone in for a record deal with the airliner company Airbus early in the New Year as it decided to acquire 180 Airbus aircraft of the 320-neo series.

India's leading low cost carrier made this mind blowing deal with Airbus. This deal will be going down as the biggest in the Aviation sector and has taken everybody by surprise.

The delivery of the jets will be done in a span of 9 years from 2016 to 2025. IndiGo will now be the largest customer for the A320-neo jets.

IndiGo Airlines makes a record deal

Indigo-AirlinesIndiGo Airlines, has created history by making this huge record deal in Aviation sector. In order to acquire 180 Airbus aircraft of the 320-neo series, India's leading low cost carrier made a mind boggling deal with Airbus.

The planes will be delivered over a wide span of 9 years from 2016 - 2025. This deal will go down as the largest single order deal in the history of commercial aviation history, making IndiGo the launch customer for the A320-neo.

More efficient engines and large wing tip devices called Sharklets that are also capable of significant fuel savings of up to 15 percent are the few plus points of these new jets.

Indigo aiming to raise funds

Indigo aiming to raise fundsThe Gurgaon-based domestic carrier Indigo Airlines is looking at raise funds for the overseas flights that it plans to commence after it completes the mandatory five years of operation in the Indian market in August next year.

Notably, sources confirm hat the aviation company, being managed by InterGlobe Aviation has recently appointed investment bankers like UBS AG, Morgan Stanley, Credit Suisse Group and Citigroup Inc. to come out with a suitable option of raising funds. Moreover, the company is aiming to take the IPO or the PE route.

Indigo plans to fly international

Indigo plans to fly internationalAs the country's largest discount carrier, Indigo Airlines completes 5 years next August, the company has already applied for Aviation ministry's nod for international operations. While it is still good 18 months short of completing the mandatory 5 years for international routes, the company has applied for the international license as it will give ample time for the carrier to initiate talks with global airports and other parties.

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