Announced Mon, 20 Jul · 20:35 IST
IndiGo signs record MoU with CFM for 1,000 plus LEAP-1A engines
Strategic Transactions View source PDF
INDIGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹5233.50
prior close
₹5249.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.6+0.5+0.3-2.2-3.8-4.5+0.1——————
Up moveDown movePending
AI summary
IndiGo signed an MoU with CFM International for 1,000 plus LEAP-1A engines to power 510 Airbus A320neo family aircraft, billed as the largest single LEAP order ever. The deal also covers CFM support for IndiGo's upcoming engine MRO facility and long-term spare parts supply. IndiGo's fleet currently exceeds 430 aircraft, with 375 in the A320/321 family operating about 2,200 daily flights. Management says this supports its next growth phase, reliability and predictable costs.
Likely market impact
Locks in engine supply and MRO support for large-scale fleet expansion; positive signal for growth, reliability and cost stability.