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IndiGo plans to buy 50 ATR planes for regional aviation market

May 2017
 

IndiGo50

New Delhi. In spite of dip in net profit, the low cost air carrier IndiGo plans to purchase 50 ATR turbo-prop aircraft to tap the regional aviation market.

In a statement issued to announce the financial result of the Airlines, it is said that Indigo will be acquiring ATR 72-600 planes, which generally have a seating capacity for 70 people.

“IndiGo has signed a term sheet with Avions de Transport Regional GIE (ATR) for purchasing 50 ATR 72-600 aircraft with the “flexibility to reduce the number of aircraft deliveries based on certain conditions,” the statement added. “The term sheet is subject to reaching a mutually satisfactory final purchase agreement with ATR and the engine manufacturer.”

On the plan, IndiGo President and Whole Time Director Aditya Ghosh said, “We are embarking on a journey to build a nation-wide regional network and connect cities that have not benefitted from the growth in Indian aviation.”

The government’s UDAN (Ude Desh ka Aam Naagrik) scheme seek to connect un-served and under-served airport as well as make flying more affordable to the masses.

(UNI)

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