The latest market intelligence from IBA underlines the strengthening order position and positive underlying value trend in the commercial aircraft market. There are several interesting reasons, and even more interesting numbers
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Blockbuster aircraft orders from IndiGo and Air India made for a dramatic Paris Air Show, which saw a total of 1,303 orders, worth US$72.4 billion. 1,160 (89%) were firm orders, the highest ever secured at the event. However, with orders of such scale, questions arise as to whether the local markets can accommodate the growth
Indian low-cost airline, IndiGo, has placed a firm order for 500 A320 Family aircraft at Paris Air Show – an order that seats a new record for the biggest single purchase agreement in the history of commercial aviation. This latest agreement takes the total number of Airbus aircraft on order by IndiGo to 1,330
As part of its fleet modernisation programme, Air India has signed letters of intent to acquire 250 Airbus and 220 Boeing aircraft, with a mix of narrowbody and widebody types. This is a further boost for the aircraft interiors and IFEC sectors