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Nimish
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:26 pm

Just in at airbus.com on the home page! WOW! Where will this end?
Incredible India!
 
kl911
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:33 pm

http://events.airbus.com/A380/EVENTS...t2005/articleDetail.aspx?ArtId=453


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.”
 
karan69
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:35 pm

This already been discussed in another thread
 
Toulouse
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:35 pm

Congratulations to Airbus and best of luck to Indigo Air.

Indian aviation really seems to be taking off!
Long live Aer Lingus!
 
EurostarVA
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:35 pm

Congratulations to Indian operators on their new ventures and the booming Indian airline industry!
If there is a will, there is a way
 
Nimish
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:37 pm

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.
Incredible India!
 
JGPH1A
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:37 pm

Quoting KL911 (Reply 1):
Rakesh Gangwal, globally recognized for his management skills and expertise in the airline industry.

Was he the guy that drove US Airways to the edge of total disaster ? Or am I thinking of someone else ?
Young and beautiful and thin and gorgeous AND BANNED ! Cya at airspaceonline.com, losers
 
Nimish
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:40 pm

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..
Incredible India!
 
kl911
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:41 pm

Yep,same guy....

http://www.worldspan.com/home.asp?fPageID=49&fExecutiveID=528

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.
 
Glom
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:46 pm

That is insane! Where does a startup airline get money for such an order?
 
kl911
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:49 pm

see 2nd post... the money will come from : InterGlobe Enterprises Limited.

KL911
 
Glom
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:54 pm

Well that explains it. But India must be developing really well these days.
 
Nimish
Topic Author
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 7:58 pm

Quoting KL911 (Reply 10):
the money will come from : InterGlobe Enterprises Limited.

But does anyone know who/what is InterGlobe Enterprises Limited?
Incredible India!
 
kl911
Posts: 3981
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:02 pm

InterGlobe Enterprises Limited:

http://www.interglobe.com/about-interglobe.aspx

KL911
 
sq212
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:04 pm

Wow!

100 in one go is truly amazing. Best of luck and congratulations to both parties.

Cheers.
 
kl911
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:10 pm

Quoting Sq212 (Reply 14):
100 in one go is truly amazing. Best of luck and congratulations to both parties.

True, But India has a population that's bigger then the US and Europe together...

KL911
 
TKMCE
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:24 pm

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,

Interesting times ahead!
 
gearup
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:35 pm

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!

GU
I have no memory of this place.
 
DIJKKIJK
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:42 pm

Yet another A320 operator in India???

Looks like IC has to hold on tight to its pilots and engineers.
Never argue with idiots. They will bring you down to their level, and beat you with experience.
 
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HAWK21M
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:46 pm

Quoting Nimish (Thread starter):
Just in at airbus.com on the home page! WOW! Where will this end?

Two Years.Then the Bubble will Burst.Although I hope not.
regds
MEL
I may not win often, but I damn well never lose!!! ;)
 
xpat
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:49 pm

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
 
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ERJ170
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:54 pm

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..
Aiming High and going far..
 
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sebolino
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 8:56 pm

100 A320 !!!!!

Incredible.
 
Udo
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 9:02 pm

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...  crazy 


Sorry, couldn't resist.  Wink


Regards
Udo
Me & You & a Plane Named Blue...
 
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sebolino
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 9:07 pm

Quoting Udo (Reply 23):
It seems there are hard times ahead for Airbus

Yes, Boeing is very happy with that order, because now Airbus has to really build the planes !!  Smile  Smile

(I really heard that !).


 Big grin
 
miaskies
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 9:09 pm

Quoting Udo (Reply 23):

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!
Crosscheck Complete :)
 
Udo
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 9:18 pm

Quoting MIASkies (Reply 25):
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!

*cough*...actually my post was meant deeply ironic...*cough*  Wink


Regards
Udo
Me & You & a Plane Named Blue...
 
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HAWK21M
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 9:25 pm

Whats the Time frame for Importing 100 A320s.
regds
MEL
I may not win often, but I damn well never lose!!! ;)
 
rootsair
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 9:46 pm

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 being original..After all, indigo is blue
A man without the knowledge of his past history,culture and origins is like a tree without roots
 
schipholjfk
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 10:01 pm

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 wait and see... most of these airlines will fail. Unlike what most people on A.net think, there is a finite number of passengers who will fly within India in the long run. Besides the infra-structure is simply not there in India to support this "exponential" expansion from airlines that barely or do not exist at all. Interestingly all these former executives who drove their former airlines into the ground who are now "big shots" India does not bode well for the country. They have no positive track record. It's like handing an unseccessful gambler more money and saying keep trying till you win! It is also interesting how the most successful airline company in India - Jet Airways, are going about their expansion plan in steps while unproved airline companies are placing big, sweeping orders for aircrafts and yet, they have no proven long-term track record of sound business practices or customer service. My money is still on Jet Airways and their business plan highlighting incremental increases in services over time.
The fun of flying... love it !!!
 
BestWestern
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 10:05 pm

Maybe Airbus could outsource production to Seattle?  Smile
Greetings from Hong Kong.... a subsidiary of China Inc.
 
Nimish
Topic Author
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 10:05 pm

Quoting Schipholjfk (Reply 29):
this is just simply mania

I would completely agree with you on this one!

Quoting Schipholjfk (Reply 29):
Interestingly all these former executives who drove their former airlines into the ground who are now "big shots" India does not bode well for the country. They have no positive track record. It's like handing an unseccessful gambler more money and saying keep trying till you win! It is also interesting how the most successful airline company in India

This is also unfortunately true Sad At least in the case of Indigo - it seems to be privately held - hence it's not the larger public that's going to be hit if they go bust (note - my optimism still has an if, rather than a when  Smile)
Incredible India!
 
snehnath
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Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 10:11 pm

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 round the corner?
 
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solnabo
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RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 10:30 pm

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 Big grin

Micke//SE  cloudnine 
Airbus SAS - Love them both
 
zoom1018
Posts: 201
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RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 10:44 pm

Congratulations to Airbus! So I hope these orders from India are legally accepted.
 
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HAWK21M
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RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 10:46 pm

Quoting Snehnath (Reply 32):
the Wadia promoted airline

Thats a Sept Launch with A320s leased.
regds
MEL
I may not win often, but I damn well never lose!!! ;)
 
N79969
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RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 11:02 pm

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 Middle East. It was a highly respected, high qualified consultant at Avitas. India is a far different place geographically and economically. I expect better of you Udo.

Anyway this is a huge order and a victory for Airbus. This frenzy of ordering does raise questions of whether India will actually have the airport facilities to support all of these aircraft, enough qualified safety inspectors to keep an eye on things, and other related infrastructure: airport access etc; These are all government provided services and governments move far slower than the private sector. I am curious to see what will occur.
 
pzurita1
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RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 11:05 pm

Quoting KL911 (Reply 15):
But India has a population that's bigger then the US and Europe together...

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 is not a small one, you cannot say that its population base is enough to support a start-up with 100 planes!!!!!! When are they going to be delivered? In the next 50 years???

It seems quite large order, in fact, exaggerated. C'mon, how many planes does AI, IC and 9W have together? 170????? And this IndiGo, as a start-up, financially backed by whoever you want, decides to join the market with 100 planes????????
Next flight: IAH-DBX-MRU-ANT
 
Udo
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RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 11:20 pm

Quoting N79969 (Reply 36):
The comparison to the Middle East was a gratuitious slap at Boeing.

No.

Quoting N79969 (Reply 36):
It was not even Boeing which made the comment about a bubble building in the Middle East.

True.

Quoting N79969 (Reply 36):
It was a highly respected, high qualified consultant at Avitas. India is a far different place geographically and economically. I expect better of you Udo.

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 expect that from me...  Wink


Regards
Udo
Me & You & a Plane Named Blue...
 
airbazar
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RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 11:25 pm

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 these are facts. However, India has a huge population with a growing upper and middle class. Their economy is also growing at close to double digits. By the power of shear volume, if only a small percentage of the population can afford to fly, that's still a whole lot of people.

We've heard time and time again that the future for these airlines is in stealing customers from rail. If they can provide air fares that are competitive with current rail fares, immagine the potential. This is a potential that is very real. In both the US and Europe, air fares are competitive with rail so it's only realistic to expect the same from India.

Remember that Indian regional airlines will not have nearly the operating costs of their American and European counterparts. So if you can buy a transcon flight for $99 in the US, I'd imagine that one day soon you could do the same in India for $20 or $30.

I for one think that the future of aviation in India looks bright. Who would have thought only 10 years ago that India would be today a World leader in IT and Software development?
 
jaysit
Posts: 10185
Joined: Thu Jun 01, 2000 11:50 pm

RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 11:31 pm

This absurd Indigo thing makes the Kingfisher A380 order almost seem sane.
Atheism is Myth Understood.
 
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sebolino
Posts: 3590
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RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 11:38 pm

Quoting Jaysit (Reply 40):
This absurd Indigo thing makes the Kingfisher A380 order almost seem sane.

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 company which is oredering 100 planes is most probably knowing what it's doing.
 
daedaeg
Posts: 627
Joined: Mon Feb 17, 2003 1:54 am

RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 11:46 pm

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 all parties much needed luck.
Everyday you're alive is a good day.
 
PHXinterrupted
Posts: 461
Joined: Thu Apr 25, 2002 6:41 am

RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Thu Jun 16, 2005 11:53 pm

Quoting KL911 (Reply 15):
Quoting Sq212 (Reply 14):
100 in one go is truly amazing. Best of luck and congratulations to both parties.

True, But India has a population that's bigger then the US and Europe together...

KL911

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 Netherlands at $29,500 (CIA World Fact Book). Tourists and international business travelers alone will not be able to offset the empty seats for all the recently ordered planes.
Keepin' it real.
 
shawnnyc
Posts: 234
Joined: Mon Mar 07, 2005 9:48 am

RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Fri Jun 17, 2005 12:00 am

Quoting Schipholjfk (Reply 29):
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 wait and see... most of these airlines will fail. Unlike what most people on A.net think, there is a finite number of passengers who will fly within India in the long run. Besides the infra-structure is simply not there in India to support this "exponential" expansion from airlines that barely or do not exist at all. Interestingly all these former executives who drove their former airlines into the ground who are now "big shots" India does not bode well for the country. They have no positive track record. It's like handing an unseccessful gambler more money and saying keep trying till you win! It is also interesting how the most successful airline company in India - Jet Airways, are going about their expansion plan in steps while unproved airline companies are placing big, sweeping orders for aircrafts and yet, they have no proven long-term track record of sound business practices or customer service. My money is still on Jet Airways and their business plan highlighting incremental increases in services over time.

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 bigger the bet, the better it seems for the IPO). Plus I feel that Airbus is giving very good cancellation terms (which is fueling these 100 "committed" planes). So I now agree with you, it is like the internet. Going by the doing everything for the IPO theory, that is the reason they took the US Air guy. Experienced management is very key for the IPO roadshow, etc. Very few investors will blame Rakesh for US Air as those were "Legacy" airline issues. Point is Rakesh came up through the ranks to reach CEO, so he know what it takes to run an airline.

Everyone points to stealing rail traffic, well for that to happen at the amount that these airlines are betting, infrastructure has to be massively improved. Not just the airports but also getting to the airport. Just the taxi ride can push people out of their price range. Even BOM which has great rail connectivity, has NO rail connection to either airport (for that matter no connection from the international to the domestic).
 
jaysit
Posts: 10185
Joined: Thu Jun 01, 2000 11:50 pm

RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Fri Jun 17, 2005 12:16 am

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 strategy which could pressure the GOI to actually hand over governance of airports and their construction to private parties.
Atheism is Myth Understood.
 
airbazar
Posts: 10317
Joined: Wed Sep 10, 2003 11:12 pm

RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Fri Jun 17, 2005 12:35 am

Quoting Shawnnyc (Reply 44):
Everyone points to stealing rail traffic, well for that to happen at the amount that these airlines are betting, infrastructure has to be massively improved. Not just the airports but also getting to the airport. Just the taxi ride can push people out of their price range. Even BOM which has great rail connectivity, has NO rail connection to either airport (for that matter no connection from the international to the domestic).

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 car. Today a lot more people own their own car and everyone has a TV. They may not afford to fly today but 10 years down the road all bets are off.

If it takes 24 hours to travel a couple of hundred miles by train today, people are really not going to care if it takes them an hour to get to the airport and another 2 hours to board a plane. It will still cut their travel time to a fraction of the time it takes now. And if the price is right, they will do it.
 
jr
Posts: 1043
Joined: Tue May 18, 1999 1:15 am

RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Fri Jun 17, 2005 12:42 am

Quoting Schipholjfk (Reply 29):
this is just simply mania! Just like the go-go days of the Internet... just wait and see... most of these airlines will fail

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 someone will put S2 out of their misery  Wink
I've flown on 9V-SPK.
 
WestWing
Posts: 1141
Joined: Thu Feb 03, 2005 2:01 am

RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Fri Jun 17, 2005 12:53 am

Quoting Nimish (Reply 7):
Rakesh Gangwal ex-US, Rono Dutta ex-UA

Perhaps this time they will successfully merge Sahara & IndiGo and call it jetViolet  Smile
[ Their US/UA merger dreams were scuttled by the DoJ ]

Quoting Jaysit (Reply 40):
This absurd Indigo thing makes the Kingfisher A380 order almost seem sane

 bigthumbsup 
The best time to plant a tree is 40 years ago. The second best time is today.
 
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PanAm_DC10
Community Manager
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RE: Paris: Indigo Air (Indian Startup) Orders 100 A320

Fri Jun 17, 2005 1:31 am

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! Fair play to them and if they make it work all the better for them and us as enthusiasts.

Regards
Ask the impossible to achieve the best possible

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