Latest news with #TrentXWB
Arabian Business
2 days ago
- Business
- Arabian Business
India's IndiGo plans massive global push with 30 new A350s, partnerships
Air India is the first Indian airline to order the Trent XWB, and the size of the order, including options, makes them the world's largest operator of the Trent XWB-97
Economic Times
3 days ago
- Business
- Economic Times
IndiGo shares in focus after doubling Airbus A350-900 order
Live Events IndiGo Share Price Performance (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of InterGlobe Aviation , the parent company of IndiGo, are expected to be in focus on Monday after the airline announced it has signed a Memorandum of Understanding (MoU) with Airbus to convert 30 purchase rights into firm orders for Airbus A350-900 wide-body aircraft . This effectively doubles its earlier order of 30 jets placed in April 2024.'IndiGo, India's most preferred airline, announces the further strengthening of its fleet by signing an MoU with Airbus to enlarge its wide-body aircraft order by converting 30 aircraft out of its purchase rights for 70 into a firm order. This is yet another step in defining the airline's long-term plans for international expansion,' the company said in an exchange decision takes IndiGo's total firm order for the Airbus A350-900 to 60 aircraft, with purchase rights for an additional 40—marking a decisive step in the airline's global of these aircraft are expected to begin in A350-900, powered by Rolls-Royce's Trent XWB engines, will offer extended range and fuel efficiency, supporting IndiGo's plans to connect Indian metros with global destinations. This expansion aligns with the airline's strategy to diversify beyond its traditionally domestic-focused operations and offer customers more international travel in March 2025, IndiGo also began preparations for its long-haul operations with six temporarily leased wide-body jets, five of which are scheduled for delivery by aggressive fleet ramp-up underscores IndiGo's intent to secure a strong foothold in international aviation the past year, IndiGo shares have gained 28.16%. On a year-to-date (YTD) basis, the stock has risen by 16.16%. In the last six months, it has climbed 22.00%, while over the past three months, it has surged 19.04%. For the one month, the stock posted a more modest gain of 1.71%.The shares of IndiGo closed flat at Rs 5,333.45 on the BSE on Friday.
Time of India
3 days ago
- Business
- Time of India
IndiGo shares in focus after doubling Airbus A350-900 order
Shares of InterGlobe Aviation , the parent company of IndiGo, are expected to be in focus on Monday after the airline announced it has signed a Memorandum of Understanding (MoU) with Airbus to convert 30 purchase rights into firm orders for Airbus A350-900 wide-body aircraft . This effectively doubles its earlier order of 30 jets placed in April 2024. 'IndiGo, India's most preferred airline, announces the further strengthening of its fleet by signing an MoU with Airbus to enlarge its wide-body aircraft order by converting 30 aircraft out of its purchase rights for 70 into a firm order. This is yet another step in defining the airline's long-term plans for international expansion,' the company said in an exchange filing. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses Egypt (Prices May Surprise You) Container House | Search ads Search Now Undo This decision takes IndiGo's total firm order for the Airbus A350-900 to 60 aircraft, with purchase rights for an additional 40—marking a decisive step in the airline's global ambitions. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Deliveries of these aircraft are expected to begin in 2027. The A350-900, powered by Rolls-Royce's Trent XWB engines, will offer extended range and fuel efficiency, supporting IndiGo's plans to connect Indian metros with global destinations. This expansion aligns with the airline's strategy to diversify beyond its traditionally domestic-focused operations and offer customers more international travel options. Live Events Earlier in March 2025, IndiGo also began preparations for its long-haul operations with six temporarily leased wide-body jets, five of which are scheduled for delivery by 2026. The aggressive fleet ramp-up underscores IndiGo's intent to secure a strong foothold in international aviation markets. IndiGo Share Price Performance Over the past year, IndiGo shares have gained 28.16%. On a year-to-date (YTD) basis, the stock has risen by 16.16%. In the last six months, it has climbed 22.00%, while over the past three months, it has surged 19.04%. For the one month, the stock posted a more modest gain of 1.71%. The shares of IndiGo closed flat at Rs 5,333.45 on the BSE on Friday. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
3 days ago
- Business
- Time of India
IndiGo inks pact for buying additional 30 Airbus 350-900 wide-body aircraft, ET Infra
Advt By , ETInfra NEW DELHI: India's largest airline IndiGo has entered into an agreement with Airbus with an intent to order an additional 30 Airbus 350-900 wide-body aircraft . In April 2024, the airline placed a firm order for its first 30 Airbus 350-900 aircraft, with purchase rights for an additional 70 Memorandum of Understanding was signed between Benoît de Saint-Exupéry, Executive Vice President Sales of the Commercial Aircraft business at Airbus and Pieter Elbers, Chief Executive Officer, IndiGo, at the sidelines of the ongoing 81st Annual General Meeting of the International Air Transport Association being held in Delhi from June 1 to June 3, airline's order book with Airbus is currently around 900 aircraft comprising narrow-body and wide-body aircraft.'We have recently started with wide-body operations. We are extremely excited about the progress…we saw this was a wonderful opportunity to actually double our firm order from 30 to 60 and use the occasion here today where the whole world is gathering in Delhi itself for the occasion,' said to the airline, the Airbus 350-900 aircraft will be powered by Rolls Royce's Trent XWB engine.'The mission capability of this aircraft, coupled with the efficiency of the Trent XWB engine, will offer IndiGo unprecedented optionality and reach as it embarks on the next stage of its wonderful journey of addressing the rapidly evolving needs of the Indian market and our nation,' the airline wide-body acquisition will enable the airline to compete with Air India for the lucrative North American and European market as well as connecting emerging destinations such as Australia and East deliveries for the first order signed in 2024 are expected to start in 2027.
New Indian Express
3 days ago
- Business
- New Indian Express
IndiGo doubles its wide-body aircraft order, to buy additional 30 Airbus A350
Currently, the long-haul segment to and from India is largely controlled by foreign carriers like Emirates and Qatar Airways. Among Indian airlines, only Tata Group's Air India operates such flights -- a gap IndiGo now seeks to fill. 'This strategic move will enable IndiGo to spread its wings further and expand its long-haul international network, connecting Indian metros to different parts of the world. With this, it will create more travel options for its customers to new international destinations and also enable more flights to the hubs of its partner airlines,' the airline said. In March 2025, IndiGo began preparing for its long-haul operations with the introduction of six temporarily leased wide-body Boeing 787-9 Dreamliner aircraft, deliveries of which will be concluded by 2026. IndiGo's Airbus A350-900 aircraft will be powered by Rolls Royce's Trent XWB engine. In June 2023, IndiGo had placed the largest-ever single aircraft order by any airline for 500 aircraft with Airbus. With that, the outstanding orderbook of IndiGo stands at more than 900 aircraft which are yet to be delivered well into the next decade. With one new aircraft joining the fleet every week throughout FY26, IndiGo anticipates surpassing a fleet size of 600 aircraft by 2030.
