IndiGo and its co-founders, Rakesh Gangwal and Rahul Bhatia, group managing director of InterGlobe, have signed an MoU for 250 A320neo Family aircraft. The agreement will become Airbus’ single largest order by number of aircraft. Aditya Ghosh, president of IndiGo said, “This new order reaffirms IndiGo’s commitment to the long-term development of affordable air transportation in India and overseas. The IndiGo team is energised and excited to herald this new phase of our … [Read more...] about IndiGo signs MoU for 250 A320neo aircraft
IndiGo
Amazon forms cargo alliance with Patel in India
Online retailer Amazon has formed an air cargo alliance with Patel Integrated Logistics to ensure next day delivery for wider range of customers in India. Amazon is in the process of extending its vendor base and identifying logistics providers in India, reports The Economic Times. Patel Logistics is securing exclusive tie-ups with airlines such as IndiGo, Jet Airways and SpiceJet to cope up with delivery of bulk Amazon goods, as online retail sales are expected to increase during … [Read more...] about Amazon forms cargo alliance with Patel in India
IndiGo Iinks US$2.6B aircraft finance deal
Indian low-cost airline IndiGo has signed a US$2.6 billion deal with Industrial and Commercial Bank of China Ltd (ICBC) for the lender to finance more than 30 new aircraft. The announcement comes on the day Chinese President Xi Jinping arrived in India, where the two countries are expected to sign trade and investment deals worth billions of dollars. Through this deal, ICBC will provide IndiGo with financing for the aircraft through either a sale and leaseback, financial lease or … [Read more...] about IndiGo Iinks US$2.6B aircraft finance deal
