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.