Indigo Airlines eyes purchase of Airbus A330neo or Boeing 787 midst expanding market

With IndiGo set to increase its footprint to international destinations, the Indian carrier is likely to purchase either an Airbus A330neo or Boeing 787.

Indian budget airlines IndiGo disclosed, it was holding talks with aircraft manufacturers on adding wide-bodied aircraft to its fleet. However, it was quick to add that this was an “aspiration” and that there is no firm timeline for the potential purchase midst difficult market conditions.

IndiGo, owned by InterGlobe Aviation, faces fierce competition in the highly sensitive Indian market where airlines are struggling to remain profitable despite filling 90% of their seats.

The carrier has reported a steep fall in quarterly profit due to rising fuel costs prices and continued pressure on yields.

“Wide-bodied aircraft are an aspiration, we have talked to manufacturers. We are looking at A330neo and Boeing 787,” said Willy Boulter, Indigo’s Chief Commercial Officer, while declining to fill in any further details.

IndiGo has started direct flights from two south Indian cities, Kochi and Kozhikode, to Abu Dhabi.

Early next year, IndiGo plans on starting flights to London with an Airbus A321 aircraft which will stop at a mid-point that is yet to be selected, said Boulter. Other international destinations that are set to be launched in November include Phuket, Kuala Lumpur and Thailand.

He went on to add, IndiGo is working closely with the Indian government to take advantage of opportunities under bilateral agreements where travel rights will become available for additional markets, said Boulter, while adding that IndiGo has applied for rights to Europe and Asia.

“We are confident of bilaterals being expanded further,” said Boulter.

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