Airlines
IndiGo To Launch Regional Operations with Up to 50 ATRs
Indian low-fare carrier expects to fly first turboprop by year-end

India’s IndiGo has placed a conditional order for 50 ATR 72-600s, signaling the low-fare carrier’s intention to launch regional operations by the end of the year and take delivery of as many as 20 of the Franco-Italian turboprops by the end of 2018. Under the so-called term sheet signed between IndiGo and ATR, the airline can reduce the number of airplanes delivered “under certain conditions.” The value of the commitment, if completely fulfilled, would total $1.3 billion based on list prices and rank as one of ATR’s largest ever orders.