According to rating agency CRISIL, budget carrier IndiGo's decision to buy wide-body aircraft bodes well for the Indian aviation industry as international long-haul routes are comparatively more profitable and will also help in creating an aviation hub in the country. Will get it.
Till January last year, IndiGo operated a single-aisle Airbus aircraft fleet and in February 2023, it started operating wide-body Boeing 777s on wet-lease from its codeshare partner Turkish Airlines. Currently, the airline operates two wet-lease B777 flights to Istanbul from Delhi and Mumbai.
On Thursday, the country's largest airline announced placing a firm order for 3 wide-body Airbus A350-900 aircraft, which will be powered by Rolls-Royce's Trent XW engines, and has an option to buy 70 more such aircraft. is also.
Jaganarayan Padmanabhan, senior director global, transportation, mobility and logistics-consulting head at Crisil Markey Intelligence & Analytics, said on Friday.Among Indian carriers, currently, only Air India and Vistara have wide-body aircraft in their fleets. IndiGo and SpiceJet have given some wide-body aircraft on wet-lease.
Padmanabhan said the share of Indian airlines in international traffic originating and terminating in India has grown steadily in recent years to about 43 per cent. Therefore, Air India and IndiGo have made it a strategic area for growth, he said.
IndiGo's latest order for long-haul flights should be seen in that context, it has become imperative for the carrier to diversify its fleet to maintain its competitive edge in long-haul routes and attract both - especially Wide-body aircraft from.leisure and business travellers,” Padmanabhan said.
According to him, this order will also help India strengthen its case for building an aviation hub at one of the major airports.
IndiGo expects to take delivery of A350-900 aircraft from 2027.
Till January last year, IndiGo operated a single-aisle Airbus aircraft fleet and in February 2023, it started operating wide-body Boeing 777s on wet-lease from its codeshare partner Turkish Airlines. Currently, the airline operates two wet-lease B777 flights to Istanbul from Delhi and Mumbai.
On Thursday, the country's largest airline announced placing a firm order for 3 wide-body Airbus A350-900 aircraft, which will be powered by Rolls-Royce's Trent XW engines, and has an option to buy 70 more such aircraft. is also.
Jaganarayan Padmanabhan, senior director global, transportation, mobility and logistics-consulting head at Crisil Markey Intelligence & Analytics, said on Friday.Among Indian carriers, currently, only Air India and Vistara have wide-body aircraft in their fleets. IndiGo and SpiceJet have given some wide-body aircraft on wet-lease.
Padmanabhan said the share of Indian airlines in international traffic originating and terminating in India has grown steadily in recent years to about 43 per cent. Therefore, Air India and IndiGo have made it a strategic area for growth, he said.
IndiGo's latest order for long-haul flights should be seen in that context, it has become imperative for the carrier to diversify its fleet to maintain its competitive edge in long-haul routes and attract both - especially Wide-body aircraft from.leisure and business travellers,” Padmanabhan said.
According to him, this order will also help India strengthen its case for building an aviation hub at one of the major airports.
IndiGo expects to take delivery of A350-900 aircraft from 2027.
