Indigo, India’s largest domestic airline by market share, on Monday said it is ordering jet engines worth $20 billion from CFM International, a joint venture of General Electric Co. and France’s Safran SA, to power 280 Airbus A320neo and A321neo aircraft operated by it. IndiGo, which held a domestic market share of 49.9% in April, has ordered 430 A320neo family jets. The airline, operated by InterGlobe Aviation Ltd, currently has a fleet of over 230 aircraft consisting of Airbus A320, Airbus A320neo and Airbus A321 planes. “IndiGo has been a CFM customer since 2016 and currently operates a fleet of 17 A320ceo aircraft powered by CFM56-5B engines as part of a total fleet of 215 A320/A321 family aircraft. “We are pleased to partner with CFM for our next batch of Airbus A320neo and A321neo aircraft," said Riyaz Peermohamed, chief aircraft acquisition and financing officer, IndiGo.

Source: Mint June 17, 2019 13:17 UTC