Airlines
IndiGo Order Boosts Confidence in Indian Air Transport
Deal for 250 A320neos ranks as largest by number in Airbus's history
IndiGo now operates close to 100 A320s. (Photo: Neelam Mathews)
IndiGo now operates close to 100 A320s. (Photo: Neelam Mathews)

Investor confidence in the troubled Indian air transport sector appears poised for a boost with budget airline IndiGo’s plans to raise $400 million in an initial public offering (IPO) following its order for 250 A320Neos. Delivery schedules call for those airplanes to arrive in India between 2018 and 2025.


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