IndiGo places record order for 500 A320 family aircraft

IndiGo, India’s largest airline by market share, has placed a firm order for 500 A320 family aircraft, setting the record for the biggest single purchase agreement in the history of commercial aviation.

"The latest agreement takes the total number of Airbus aircraft on order by IndiGo to 1,330, establishing its position as the world’s biggest A320 family customer," says a release from Airbus.

The historic purchase agreement was signed by Rahul Bhatia, Promoter & Managing Director, IndiGo, Venkataramani Sumantran, Chairman and Non-Executive Independent Director, IndiGo, Pieter Elbers, CEO, IndiGo, Guillaume Faury, CEO, Airbus and Christian Scherer, Chief Commercial Officer and Head of International, Airbus at the Paris Air Show 2023.

“It is difficult to overstate the significance of IndiGo’s new historic order for 500 Airbus A320 family aircraft," says Elbers. "An order book now of almost 1,000 aircraft well into the next decade enables IndiGo to fulfil its mission to continue to boost economic growth, social cohesion and mobility in India. At IndiGo, we take pride in being India’s preferred airline for connectivity in and with India, and by doing so, being one of the leading airlines in the world. This order strongly reaffirms IndiGo’s belief in the growth of India, in the A320 family and in our strategic partnership with Airbus.”

Scherer adds: “This landmark order marks a new chapter in Airbus and IndiGo’s relationship that is democratising affordable air travel for millions of people in the world’s fastest growing aviation market. It is also a resounding endorsement of the A320 family’s best-in-class operating economics that have been powering IndiGo’s growth for almost two decades. We cherish our long-standing relationship with IndiGo and are proud of our success together. We look forward to contributing to the growth of India’s air connectivity in its domestic network and into international markets through the expansion of this formidable partnership."

Since its first A320neo aircraft was delivered in March 2016, IndiGo's fleet of A320neo family has grown into one of the world’s largest with 264 aircraft in operation (162 A320neo, 79 A321neo, 21 A320ceo and two A321 freighters). With more than 8,700 orders from over 130 customers, the A320neo family is the aircraft Family of choice for airlines around the world across all business models, the release added.