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Is Indigo For Real?  
User currently offlineCloud4000 From United States of America, joined Dec 2003, 641 posts, RR: 0
Posted (9 years 6 months 1 week 1 day 20 hours ago) and read 2271 times:

The title pretty much says it all. I found it surprising that a start-up would order 100 aircraft, usually it's more modest, say 10-15 aircraft. This means these guys have very deep pockets to afford the large down payment (perhaps $200 million?).

Personally, I'm skeptical.


Boston, USA
2 replies: All unread, jump to last
 
User currently offlineOldeuropean From Germany, joined May 2005, 2091 posts, RR: 4
Reply 1, posted (9 years 6 months 1 week 1 day 20 hours ago) and read 2253 times:

Why? Because they haven`t ordered Boeing aircrafts?  scratchchin 

Axel



Wer nichts weiss muss alles glauben
User currently offlineSnehnath From India, joined Apr 2005, 100 posts, RR: 0
Reply 2, posted (9 years 6 months 1 week 1 day 20 hours ago) and read 2235 times:

Remember, the part investor in Indigo is Rakesh Gangwal, the ex-CEO of US Airways. When he left US Airways, he got a "golden parachute" to the order of about $64 million, not to count the innumerable millions he may have made when he was at US Airways as United as salary and bonuses before that. If I recall right, when JetBlue started up, with an initial capital of $100 mn, it was the best capitalized startup airline of its time. So I wouldn't put it past them to get this thing off the ground.

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