InterGlobe Enterprises Limited today announced its plans to launch IndiGo, its nation-wide low-cost airline venture. IndiGo has committed for 100 firm A320 family aircraft with Airbus – world renowned for the customer friendly features and comfort of its airliners.
The venture is being jointly promoted by InterGlobe Enterprises Limited and Rakesh Gangwal, globally recognized for his management skills and expertise in the airline industry.
“IndiGo is the result of extensive analysis and planning by very experienced airline executives and we are convinced it will be a successful new player in a market that is both large and fast growing,” says Airbus President and CEO Noël Forgeard. “Airbus A320 Family aircraft have been chosen by many of the world’s new and successful low-cost carriers, and we like to think that our products are making a valuable contribution to their prosperity.”
Nimish From India, joined Feb 2005, 2672 posts, RR: 8 Reply 5, posted (4 years 3 weeks 3 days 3 hours ago) and read 14865 times:
Quoting Karan69 (Reply 2): This already been discussed in another thread
Karan - that thread was speculative, this thread's topic confirms the news. Kind of like the 2 threads on Kingfisher - one speculative, and when the order was confirmed - the other thread with the "deed done" type of a subject.
Nimish From India, joined Feb 2005, 2672 posts, RR: 8 Reply 7, posted (4 years 3 weeks 3 days 3 hours ago) and read 14830 times:
Quoting JGPH1A (Reply 6): Was he the guy that drove US Airways
Same guy. Do you detect a pattern here - Rakesh Gangwal ex-US, Rono Dutta ex-UA - both airlines are doing badly, and both these "experts" in India trying their hand at the game..
Rakesh Gangwal was named chairman, president and chief executive officer of Worldspan in June 2003 and appointed to the Company’s board of directors.
Gangwal has held various positions with several major corporations in the areas of travel distribution and management, corporate strategy, operations, technology management, engineering and finance.
From 1998 to 2001, Gangwal served as chief executive officer of US Airways Group. Gangwal joined US Airways in February 1996 as president and chief operating officer, at which time he was also appointed to the board of directors of both US Airways, Inc. and US Airways Group.
From 1994 to 1996, Gangwal served as executive vice president – Planning and Development for Air France. From 1984 until his appointment at Air France, Gangwal worked at United Airlines serving in a variety of capacities including senior vice president of Planning, vice president of Financial Planning and Analysis, vice president of Revenue Management and vice president of Flight Administration.
TKMCE From India, joined May 2002, 841 posts, RR: 2 Reply 16, posted (4 years 3 weeks 3 days 3 hours ago) and read 14417 times:
Rakesh Gangwal - last worked in World Span, ex US Air
InterGlobe Enterprises - long term Indian NMC of Galileo. Also done a lot of LCC work for both Air Deccan and Air India Express (the websites are not surprisingly similar in many respects).
This venture looks promising - the promoters have extensive exposure in the aviation industry, Interglobe has been holding the GSA for quite a few airlines in India for a long long time including but not limited to Air New Zealand, Virgin and United,
Gearup From Canada, joined Dec 2000, 578 posts, RR: 1 Reply 17, posted (4 years 3 weeks 3 days 3 hours ago) and read 14325 times:
Well well! India has sure exploded onto the civil aviation scene with style! You watch them do the same in every other sector. The Indian Tiger is only starting to wake up!
DIJKKIJK From French Southern Territories, joined Jul 2003, 1538 posts, RR: 6 Reply 18, posted (4 years 3 weeks 3 days 2 hours ago) and read 14253 times:
Yet another A320 operator in India???
Looks like IC has to hold on tight to its pilots and engineers.
Horizontal, this was Lady Chatterley's position in society - Spike Milligan
Xpat From United States, joined Nov 2004, 628 posts, RR: 0 Reply 20, posted (4 years 3 weeks 3 days 2 hours ago) and read 14193 times:
Quoting HAWK21M (Reply 19): Two Years.Then the Bubble will Burst.Although I hope not.
Unfortunately, my sentiments too. Will the Indian civil aviation industry eventually fall into acute trouble as it has done in the US? I truly hope not.
The only thing we have to fear is the sky falling on our heads. -Asterix
ERJ170 From United States, joined Apr 2004, 5665 posts, RR: 18 Reply 21, posted (4 years 3 weeks 3 days 2 hours ago) and read 14139 times:
Not a big surprise, really.. Airbus is usually more inclined to offer to start-ups than Boeing.. Most new startups in the past 5-7 years either start with older Boeing (and then order new Boeing once they are flying for a while) or new Airbus..
Udo From , joined Dec 1969, posts, RR: Reply 23, posted (4 years 3 weeks 3 days 2 hours ago) and read 14048 times:
It seems there are hard times ahead for Airbus...first the airlines of the Middle East will run into trouble, then followed by the burst of the Indian bubble...those sales guys must be crazy...
I agree w/ you 100% UDO... I mean how many planes can possibly fill Indian Airports? you are going to have to build new airports just for specific airlines and their monstrous fleets!
In any case, very big order... congrats to Airbus and Indigo.. but w/ the ex-CEO of US riding its wings... I would be a just a tad bit weary!
Nothing better than making love at 35K Feet!
26 Udo: *cough*...actually my post was meant deeply ironic...*cough* Regards Udo
27 HAWK21M: Whats the Time frame for Importing 100 A320s. regds MEL
28 RootsAir: Its funny to see that Indigo air have names their airline like that. With all that bluexxx or xxxblue names they have tried to fit in the trend whislt
29 Schipholjfk: As I have mentioned in my previous posts related to Indian aviation... this is just simply mania! Just like the go-go days of the Internet... just wai
30 BestWestern: Maybe Airbus could outsource production to Seattle?
31 Nimish: I would completely agree with you on this one! This is also unfortunately true At least in the case of Indigo - it seems to be privately held - hence
32 Snehnath: For a moment I thought IndiGo was the same as Go Airways, the Wadia promoted airline. Apparently not!!. We've yet to hear from them. Another order rou
33 Solnabo: Solnabo got a smile from ear to ear right now and it seems to stay there for a long time...... Way to go, A and IndiGo Micke//SE
34 Zoom1018: Congratulations to Airbus! So I hope these orders from India are legally accepted.
35 HAWK21M: Thats a Sept Launch with A320s leased. regds MEL
36 N79969: The comparison to the Middle East was a gratuitious slap at Boeing. It was not even Boeing which made the comment about a bubble building in the Middl
37 Pzurita1: With 8 times less disposable income. India's GDP PPP is U$3.3 trillion. EU is US$11.65 trillion and US is US$11.75 trillion. Despite India's market i
38 Udo: No. True. That's a subjective judgement. And come on, what's wrong with some ironic remarks about the sceptics-in-chief? You know you can always expe
39 Airbazar: Lets put things into perspective people. India may have a relatively smaller GDP than the US and Europe; Indians do have less disposable income. All t
40 Jaysit: This absurd Indigo thing makes the Kingfisher A380 order almost seem sane.
41 Sebolino: If somebody told you 10 years ago that you could travel between European countries for a few euros, you would have said the same kind of things. A co
42 Daedaeg: Hmmm, looks like another Tiger Air order. Wasn't it Leahy who criticized Boeing for going after that order? Now the shoe is on the other foot. I wish
43 PHXinterrupted: That's irrelevant if the vast majority of the people can't afford to fly. India's per capita GDP is $3,100, compared to the US at $40,100 and say the
44 Shawnnyc: first off this "mania" is clearly being funded by foreign money and the stock market. That could explain why these airlines are betting so big (the b
45 Jaysit: Rakesh Gangwal was known to be a financial wiz. So, yes, you can't blame him for the labor problems at USAirways. However, this may be an interesting
46 Airbazar: I'm sure it will improved and they'll manage just fine. 10 years ago most Indians did not have a TV set in the house and even fewer owned their own c
47 Jr: Wasn't there one fall out already? Damania, skyline, modiluft, eastwest.... all gone. I guess this is round 2, and the fittest will survive. Maybe so
48 WestWing: Perhaps this time they will successfully merge Sahara & IndiGo and call it jetViolet [ Their US/UA merger dreams were scuttled by the DoJ ]
49 PANAM_DC10: Well done to both Indigo and Airbus. One thing I'll say is this. I like those who take Risk and these blokes have stepped up with balls of titanium! F
50 Jaysit: By tomorrow we will hear more orders from such hitherto unknown entrants as Mirchi Air, Chutney Airlines, GoCurry, FlySaree, etc., all ordering Boeing
51 ScottB: If you look at the operating costs of U.S. airlines, the only place where Indian airlines could achieve meaningful cost savings would be in labor cos
52 FlyAUA: Woohooo *pops the cork on a bottle of champagne* What type of services will this airline operate?
54 Aseem: now there is another airlines by the name of "Indigo", this one based in New Jersey. I hope IndiGo doesn't go the Jet way! Here is a link. http://roth
55 WestWing: An Illinois based charter called Indigo Air (IATA: I9 , ICAO: IBU) irked a US Congressman once. An Indian airline with a name similar to a US airline.
56 BestWestern: Nice to see lack of bias from our US colleagues. If this order went to Boeing, there would be Whoohooo's everywhere.... I especially like the lack of
57 Jaysit: I especially like the lack of diversity in Jaysit's post, which could be bordering on the racist. Jaysit has forgotten that India is a modern country
58 Vivek0072: A few years ago when I was in school we had the first round of private airlines taking to Indian sky, there were NEPC, East West, Damania, Jet Airways
59 BestWestern: Being from Europe, you will find that I do... You should know better. Thanks for telling me that. I was in the US 11 times last year.
60 Theredbaron: This thread is the most fun I have had in a while..... Keep it coming, Dont forget the pilot shortage for a 100 planes...wow the world is going to end
61 Shawnnyc: Are you serious...I don't see one person saying Indigo should have ordered boeing. No one is questioning the aircraft choice, just the amount of airc
62 NW727251ADV: I'm an American and a staunch supporter of Boeing but nonetheless to answer you childish comment, if it were in fact for 100 737s I would be quite wo
63 BestWestern: Is it???... I suppose all these aircraft will simply blot out the sun. I No, but questioning the minds of those who ordered Airbus. Me too... I reall
65 BestWestern: No, I'm on a diet... want to be like JPGH - beautiful.
66 Schipholjfk: It's not bias... how many times have you been to India? Unless you have been there, or have family there, or been involvd in business there... it is
67 Schipholjfk: Well said... that is exactly my point. These are all new start-ups. Anyone with half a brain knows majority of start-ups in ANY INDUSTRY fails. So to
68 LifelinerOne: When I was still at high school, and that isn't that far away, I've learned that India would be one of the "new economies" within 20 years. It's also
69 BestWestern: You are assuming that I havent been to India... Big assumption... But dont mind me... What you are saying is that the Indian investors who are spendi
70 Mariner: Much of what you say may be true - but it is also true that when Primaris - who? - ordered 20 x 787's as one of the first customers, there were very
71 Schipholjfk: You are clueless. Have you actually ever been to India? Just because there are 1 billion people in a country means they all have purchasing power. Mo
72 Jacobin777: my dad was roomates with one of the former minister of transportation(or whatever the title is)......regardless-he was very up there in the Govt.....
73 Santhosh: With all this new aircrafts coming up in huge numbers, I wonder whether these companies can find sufficient place to park all these aircrafts. I think
74 LifelinerOne: Yep, been there for three times now. First 2 on holiday, last for business. I didn't say that. You only need a part of them. I think you are getting
75 Schipholjfk: Can anyone show me a link or news report that clearly states that plans of upgrading infra-structures are in place? Actual plans and commitments. All
76 Daedaeg: BestWestern, you're kidding right? You're a piece of work. 100 orders from a start-up with questionable financers deserves criticizing. End of story.
77 LifelinerOne: so no problems, as this expanding airlines will do so in at least one decade. Cheers!
78 BestWestern: In what way is it questionable? Long way from any Irish Spring for me I'm sorry to say
79 Schipholjfk: Agreed with everything you said. But explain to me how all these aircrafts will be filled up with passengers? Because we are using India and China to
80 AeroWesty: My only question is that with the Indigo and Kingfisher orders seemingly in their pocket, why did Airbus make such a big ballyhoo about the way the Ai
81 Revelation: B is a business just like A. They will certainly talk to startups. If they feel the startup is risky, they'll ask for more deposit money per plane, o
82 Sammyk: Nothing wrong with wanting 100% market share. Crying when you don't get it is a different story.
83 BestWestern: Whats a Domestic / short hail A320 operator got to do with LH, KL, DL, BA etc... Different market.
84 Jaysit: So my point is... just because you have millions of people in a country does not make it a ready market for a certain product. Comparing orange juice
85 Mariner: Times change. A few weeks ago, on this forum, it was the consensus opinion that Airbus would never get another order from India - 0% of the market. W
86 BestWestern: On top of this you have to factor in the suppression of todays airline traffic by airline and government inaction. Also factor in the fact that fares
87 Propulsion: Of which very few can comparatively afford air travel. Obviously, this will increase over time but 100 aircraft is a staggering order!!!
88 AeroWesty: Oh but it was and has. One example: Primaris To Buy 20 738 And 20 7E7s (by Rparker537 Oct 21 2004 in Civil Aviation) I haven't polled the a.net popul
89 NW727251ADV: How are you today, Mariner? But oh, believe me, I am even more skeptical about the so-called Primaris order than this new Indian airline order. I don
90 SkyexRamper: Wonder if they'll have indigo colored leather seats, with indigo colored chips for snacks and different tails for each airplane too. Make it like the
91 Mariner: I'm good, mate, how are you? I woke up this morning (it's early here) to some interesting stuff about Frontier, which has occupied most of my time. I
92 ScottB: And in your European nationalistic fervor, you ignore the fact that my comment is in response to a poster claiming that Indian carriers could offer f
93 Schipholjfk: Where are all these A330 and A380 fly to? It's always nice to see people who hardly know India chime in with views that are absurd with no respect fo
94 Schipholjfk: http://news.yahoo.com/s/ap/20050616/ap_on_bi_ge/france_air_show The IndiGo deal alone was worth some $6 billion at list price, Airbus said, as it anno
95 AirbusDriver: 100 will be a disaster but 60 would be safe, like the Lion Air order for 60 B737 even thought they had to finance the initial deposit...
96 FlyAUA: That is why you have agreements and contracts and lawyers... at the end of the day it is the airline's - and not the manufacturer's - problem if anyt
97 Starrion: This order looks just as risky as the Lion Air order or the Primaris order. It will soon be a year since the Primaris order and it still doesn't show
98 ScottB: Are you sure about that? What if there's no longer an airline to sue? What if you've got 50 almost-new A320's sitting in storage somewhere and severa
99 Monteycarlos: Sorry if this has been discussed earlier in the thread but are they 100 firm orders or does that include options? I saw 100 firm in the quotes but who
101 LAXDESI: I understand the order is spread over 8 years with about 20 aircrafts to be delivered in the first two years-which gives them enough time to find out
102 HAWK21M: 20 Aircraft in a year is a lot out here. regds MEL
103 Sllevin: Arguing that any startup knows what it's doing, regardless of funding, is going against the tide of history, which has seen most new entrants fail, r
104 MrComet: Good luck to IndiGo. The competition will likely keep ticket prices low. Now if I can just get to India to take advantage of it. I would guess there w
105 HAWK21M: Any Link to this INDIGO Website & their ctc details.Which Base. regds MEL
106 BestWestern: Have I rattled someones cage? Again, how do you know I 'hardly know india'? What has this to do with an A320 order. Different Airline, Different inve
107 DIJKKIJK: Even if IndiGoAir bust they can always rechristen themselves IndiGo Leasing and lease out those 100 A320s to the likes of MyTravel, Air Blue and Air A
108 Sq212: [quote=DIJKKIJK,reply=107] A bigger question here is what Kingfisher is going to do with those 5 A380s I think you've just answered your own questions
109 AirIndia: Thats how any industry works. You have start-ups, there is a crowd, then a shake-out, consolidations, shops shut and the fittest survive. I take your
110 Karan69: HAHA HAHAHA that is was very well written comment and example
111 HAWK21M: If ATF prices can be reduced,The Rail pax opt for Air Travel.Then only Airports need to be Developed & things will work just fine. There is a huge mar
112 Santhosh: Even I believe the same way. It would be great to see a change in the average people’s attitudes towards flying as an expensive medium of transport
113 HAWK21M: Thats the Idea. But I still can't believe the Indigo deal. 100 A320s !!! regds MEL
114 Santhosh: Does any existing airline have 100 or more aircrafts of the same type in their fleet? Hundred pieces is a huge number when it comes to aircrafts. Will
115 Sammyk: Yes, there are several. In the US alone you can count Continental (737s), American (MD-80s & 757s), US Airways (A32x & 737s), Northwest (A32x). I'm s
116 Santhosh: Thaxn for the information Sammy. I never knew that before. Regards George
117 HAWK21M: Not an Indian Start up def.I hope they have thought this out well. regds MEL
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