IndiGo Grounds 3 Of Its Aircraft Over Technical Issues

Airbus had informed IndiGo about an issue on some of the engines powering its A320neo aircraft. The issue impacts a limited subpopulation of engines and IndiGo had to ground 3 of its aircraft in the interim. IndiGo continues to operate its other A320neo aircraft.

Airbus and Pratt & Whitney are working in close cooperation and will be swiftly communicating on the way forward in relation to aircraft deliveries.

Meanwhile, IndiGo will continue to add Airbus A320ceo and ATR aircraft to its fleet.

We expect grounding of the planes for a brief period could marginally impact its revenue.

Indigo has a fleet of 135 aircrafts, the largest in India and an outstanding order book to purchase 400 new aircrafts by 2025. Its 87% revenue comes from passenger segment (91% domestic & 9% international), while ancillary and cargo segment constitutes the rest. Read More…

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