IndiGo orders 30 new A350-900 aircraft:Rolls-Royce powered wide-body aircraft preferred for long-haul flights

InterGlobe Aviation, the parent company of India’s largest airline IndiGo, has placed an order with Airbus for 30 more A350-900 aircraft. With the new order, the company’s total wide-body aircraft order count has increased to 60. This order from IndiGo to Airbus is not new. The company had acquired purchase rights for 70 Airbus A350-900 aircraft, out of which 30 have been converted into orders. IndiGo first placed an order for 30 Airbus A350-900 aircraft in April 2024, marking the company’s first entry into the wide-body segment. At the same time, keeping in mind long-haul flights in the future, the company had acquired purchase rights for 70 more aircraft from the A350 family. What is special about the A350-900 aircraft? A350-900 aircraft will be equipped with Rolls-Royce’s Trent XWB engines. These engines are known for their incredible fuel efficiency and reliability. With the inclusion of these aircraft in IndiGo’s fleet, IndiGo’s capacity will further increase. This will open new routes for long-haul flights to America as well as other destinations. IndiGo’s share rose 27% in one year Yesterday, Friday, October 17, Indigo’s share closed down 0.49% at ₹5,852. In the last month, the share has given a return of 2.39%, in six months 6.47%, and in one year 25.50%. Indigo’s parent company, InterGlobe Aviation, has a market cap of ₹​​​​​​​2.26 lakh crore. Indigo is India’s largest airline In terms of market share, Indigo is the country’s largest airline. The company’s market share in the Indian airline market is about 65%. It was founded in 2006 by Rahul Bhatia and Rakesh Gangwal. Indigo has a fleet of over 350 aircraft Indigo has a fleet of over 400 aircraft. With its fleet, Indigo operates over 2000 flights daily. The airline covers more than 90 domestic destinations and 40 international destinations. Indigo holds the largest market share of 63% in India and aims to double its capacity and expand its network internationally by 2030. IndiGo became the world’s most valuable airline in April In April, IndiGo became the world’s most valuable airline by market capitalisation. According to Bloomberg, IndiGo achieved this milestone on April 9, briefly surpassing US-based Delta Air Lines. However, IndiGo returned to its position as the world’s second most valuable airline after about an hour. IndiGo reported a profit of ₹​​​​​​​2,161 crore in the first quarter In the first quarter of fiscal year 2025-26, a net profit of ₹2,161 crore was reported. On an annual basis, this was 21% lower. In the same quarter last year, it was ₹2,726 crore. In the April-June quarter, IndiGo’s revenue from operations increased by 5% year-on-year to ₹20,496 crore. In the same quarter a year ago, i.e., the first quarter of FY25, the company’s revenue was ₹19,570 crore.