IndiGo Orders 30 Airbus A350-900 Aircraft in Push for International Expansion
By Mauro Orru
InterGlobe Aviation, best known as IndiGo, placed an order for 30 Airbus A350-900 aircraft, betting on wide-body jets to expand its international network with long-haul destinations.
The low-cost Indian airline didn't disclose financial details for the order on Thursday, but said it had purchase rights for an additional 70 Airbus A350 aircraft at its discretion.
IndiGo currently operates more than 350 aircraft. The deal comes almost a year after the carrier agreed to buy 500 Airbus jets in the largest ever single aircraft order by any airline with the European plane maker.
Deliveries for the latest order are expected to start from 2027.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
April 25, 2024 09:39 ET (13:39 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
5 Things We Learned From the Q1 Earnings Season
-
After Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
What’s Happening In the Markets This Week
-
Can the Fed Declare Victory on Inflation?
-
After Earnings, Is Coinbase Stock a Buy, a Sell, or Fairly Valued?
-
After Earnings, Is Albemarle Stock a Buy, a Sell, or Fairly Valued?
-
Is ServiceNow Stock a Buy After Earnings and Its Investor Day?
-
3 Stocks to Buy and 3 Stocks to Sell After Earnings
-
Today’s Market Volatility Could Provide Tomorrow’s Opportunities
-
40 of the Best Investment Picks
-
Tech Stock Dividends Are Changing the Face of Dividend Growth Investing
-
Roblox Earnings: Weakening Engagement Has Weighed On Growth
-
The Best Gaming Stocks to Buy
-
Energy Transfer Earnings: M&A Drives Guidance Increase In Solid Quarter
-
The Best Healthcare Stocks to Buy
-
Going Into Earnings, Is Home Depot Stock a Buy, a Sell, or Fairly Valued?