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Indigo Airlines is coming soon | In the news
Indigo Airlines is not yet launched officially. The Indigo Airlines stunned the Airlines community when they ordered 100 planes from Airbus, a major Aircraft manufacturer in Paris Air Show 2005.
Indigo hopes to keep costs 40% lower than regular airlines and similar to that of low-budget carriers.
The aircraft ordered by low-cost carrier Indigo Airlines will start flying in by July 2006, but the company is going ahead with the flight launch in February itself, said Indigo Airlines promoter Rahul Bhatia. The planes will be taken on short-term lease. Promoters will hold equity worth $80 million in Indigo Airlines initially. Later, this would go up to $250 million, he said.
The entire bunch of Airbuses are expected to be delivered to Indigo Airlines between 2006 and 2016.
Indigo Airlines hopes to get financial institutions to fund the purchase of the planes to the tune of 85%. The promoters will chip in with funds for the rest 15%. The total cost of the 100 planes is estimated at around six billion dollars.
Indigo hopes to fly trunk and non-metro routes alike. The company has 80 cities in mind ,which have over one million people, Bhatia said.
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