InterGlobe Aviation Limited has informed the Exchange regarding a press release dated Jun 01, 2025, titled "Press Release".
INDIGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IndiGo has signed an MoU with Airbus to convert 30 purchase rights into a firm order, doubling its wide-body commitment from 30 to 60 firm Airbus A350-900 aircraft. The original order of 30 aircraft was placed in April 2024, with deliveries originally expected from 2027. The aircraft will be powered by Rolls Royce Trent XWB engines. This move supports IndiGo's long-haul international expansion plans, building on its March 2025 preparation of 6 leased wide-body aircraft. IndiGo currently operates 400+ aircraft, 2200+ daily flights across 90+ domestic and 40+ international destinations, and carried over 118 million customers in FY25.
Positive for shareholders — signals long-term international growth ambitions, fleet capacity expansion, and stronger positioning in India's aviation market. However, the deal will significantly raise capital expenditure and financial commitments over the coming years.