Low-cost Indian airline bets on wide-body jets for growth
- IndiGo orders 30 Airbus A350-900 aircraft
- Expanding international network with long-haul destinations
- Purchase rights for an additional 70 Airbus A350 aircraft
- Deliveries expected to start from 2027
IndiGo, also known as InterGlobe Aviation, has placed an order for 30 Airbus A350-900 aircraft as part of its strategy to expand its international network. The low-cost Indian airline aims to reach long-haul destinations by investing in wide-body jets. The financial details of the order were not disclosed, but IndiGo has purchase rights for an additional 70 Airbus A350 aircraft. This order comes after the carrier’s agreement to buy 500 Airbus jets last year, marking the largest single aircraft order in history. Deliveries for the new order are expected to begin in 2027.
Factuality Level: 9
Factuality Justification: The article provides factual information about IndiGo placing an order for 30 Airbus A350-900 aircraft to expand its international network. It includes details about the order, the number of aircraft in IndiGo’s current fleet, and the expected delivery timeline. The article does not contain irrelevant information, misleading details, sensationalism, redundancy, or biased opinions.
Noise Level: 3
Noise Justification: The article provides relevant information about IndiGo’s recent order of Airbus A350-900 aircraft, including the number of planes ordered, the company’s strategy for expanding its international network, and the expected delivery timeline. It lacks in-depth analysis, accountability, or scientific rigor, but overall stays on topic and supports its claims with specific details.
Financial Relevance: Yes
Financial Markets Impacted: The financial markets impacted by this news article are the aviation industry and the stock market.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: This news article pertains to financial topics as it discusses IndiGo’s order for Airbus A350 aircraft, which has financial implications for the company and the aviation industry. However, there is no mention of any extreme event in the article.
Public Companies: InterGlobe Aviation (IndiGo), Airbus (AIR)
Key People: Mauro Orru (Author)
Reported publicly:
www.marketwatch.com 
