IndiGo signs MoU with Airbus to double A350 orders to 60 arcraft
IndiGo has signed a Memorandum of Understanding (MoU) with Airbus to convert 30 of its purchase rights into a firm order for A350-900 aircraft. This move increases the airline's wide-body aircraft order from 30 to 60 aircraft, reinforcing its strategy to expand long-haul international operations.
The original agreement, signed in April 2024, included a firm order for 30 A350-900 aircraft with purchase rights for 70 more. Deliveries from that initial order are scheduled to begin in 2027.
The A350-900 aircraft will be equipped with Rolls-Royce Trent XWB engines. These aircraft are expected to support IndiGo's international expansion plans by enabling direct connectivity between major Indian cities and long-haul destinations across Europe, Asia, and other global regions. The airline also aims to strengthen its codeshare network with partner airlines through increased access to global hubs.
In addition to the firm orders, IndiGo began preparations for long-haul operations in March 2025 by leasing six wide-body aircraft on a temporary basis. Deliveries of these leased aircraft are expected to conclude by 2026.
India currently ranks as the world's third-largest aviation market. With growing government support for infrastructure and a vision to develop India as a global aviation hub, the long-haul segment represents a significant area of growth for domestic carriers.
IndiGo's expanded A350 fleet positions the airline to participate more actively in international markets and align with evolving passenger demand for direct long-haul travel.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
In historic move, Trump escalates trade battles with sweeping new tariffs around the world
WASHNIGTON ― President Donald Trump signed an executive order on July 31 imposing sweeping new tariffs on imports from trading partners across the world, escalating an aggressive trade policy aimed at spurring domestic manufacturing in the United States. In addition, Trump took separate action to raise tariffs on goods from Canada from 25% to 35%. The new reciprocal tariff rates, which will go into effect in seven days, come before an Aug. 1 deadline Trump gave about 180 countries to either reach trade deals with the Trump administration or face higher reciprocal tariffs assigned by the U.S. The new tariff rate for Canada begins Aug. 1. More: Trump to add 25% tariff to Indian imports. Which everyday goods could be impacted? Trump has kept an existing baseline 10% tariff for about 100 countries where the United States exports more goods than it receives. The order applies to 70 other countries. About 40 nations will have a 15% U.S. tariff rate under Trump's order. A senior White House official said these include countries that export slightly more goods to the U.S. than it imports. For another 30 countries, the tariff rates range up to 40% on imports from Loas and Myanmar and 41% on goods for Syria. These are countries where the U.S. has the largest trade deficits. Imports that fall under the United States-Mexico-Canada Agreement, a trade deal Trump signed during his first term, will remain exempt from the new 35% Canadian tariffs. Trump has said the tariffs on Canada are in retaliation to the flow of fentanyl from the neighboring country to the north. To see the full list of new tariff rates click here. Tariffs are taxes on imports paid by companies. Economists warn that tariffs can lead to higher costs for consumers, but Trump and White House officials have pointed to relatively flat inflation since Trump returned to the White House to argue they've proven the skeptics wrong. Trump had previously announced new tariff rates for several countries and reached deals with other nations that include new tariff rates, including Japan (15%), Vietnam (20%), Indonesia (19%), the European Union (15%). More: Trump's trade deal with the EU: What it means for your wallet Not included in Trump's order are two of the United States' largest trading partners, China and Mexico. Trump and Chinese officials have discussed extending a 90-day tariff truce that the two sides struck in May in which both countries held off on imposing massive, triple-digit tariffs on imports on one another. Trump on July 31 said he's giving Mexico another 90 days to come to a long-term agreement with the United States to avoid higher tariffs. In the meantime, Mexican imports will still be levied with a 25% tariff that Trump imposed over the flow of fentanyl from the country. Even steeper "reciprocal" tariffs on countries that Trump initially imposed on April 2 ‒ but soon after paused for 90 days amid market turbulence ‒ were set to go back into effect July 9. But Trump on July 7 extended the deadline to Aug. 1 to continue trade negotiations with some countries. During the pause, imports from most countries have been subject to a 10% baseline tariff. Trump has taken an on-and-off-again approach to his tariff regime ‒ routinely threatening new fees on goods that he retreats from later. His past efforts have earned him a nickname among Wall Street financial analysts called "TACO trade," an acronym that stands for "Trump always chickens out." Yet Trump insisted he planned to follow through on his Aug. 1 deadline ‒ and now he has. Reach Joey Garrison on X @joeygarrison. This article originally appeared on USA TODAY: Trump signs order imposing sweeping new tariffs across the world
Travel Weekly
4 hours ago
- Travel Weekly
Aman at Sea opens its ship for charter and event bookings
The first yacht in Aman's cruise brand, Aman at Sea, has opened for charter and event reservations, marking the first opportunity to book cabins on the vessel. The vessel, the 94-passenger Amangati, is scheduled to launch in 2027. Its inaugural season will be in the Mediterranean, with sailings that include the French and Italian rivieras; the Adriatic Sea, Greek Isles and Turkey; Spain; and the Bay of Naples and Amalfi Coast, according to its website. Aman declined to share details on the structure of charter reservations, including pricing and specific itineraries. The Amangati's 47 suites will range from 532 square feet to 1,972 square feet. Their design will be inspired by Japanese architecture, and each will have a private balcony. Suites will also include full-length windows, free-standing baths, lounge seating and king beds. Some will also have plunge pools, the company said. The vessel is under construction in Genoa, Italy. It is part of a new group of yachting-minded, luxury-market cruise lines spearheaded by big names in ultraluxury hospitality. Aman recently appointed Angela Composto as senior vice president for sales, marketing and reservations. Composto was previously vice president of sales and marketing at Orient Express Sailing Yachts.
Yahoo
4 hours ago
- Yahoo
India's Swiggy reports wider quarterly loss on marketing cost spike
(Reuters) -Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to attract customers in a highly-competitive market, its results showed on Thursday. Swiggy, a decade-old player and one of the market leaders in the food delivery business alongside Eternal's Zomato, continues investing in the business through marketing, platform upgrades and loyalty programs. It is also pouring money into its quick-commerce arm, Instamart, as it opens more stores, strengthens logistics, and offers discounts. The company faced challenges related to lower availability of delivery partners due to earlier-than-expected monsoon showers in India. Meanwhile, marketing investments remained high amid "sticky competitive intensity," it said in a statement. India's quick commerce space is getting crowded with entrants like Tata-backed BigBasket and Amazon. The food delivery space is also seeing rising competition with the foray of ride-hailing platform, Rapido, in which Swiggy owns a 12% stake. Swiggy's total revenue surged 54% to 49.61 billion rupees ($566.2 million) in the quarter ended June 30, while its consolidated expenses jumped about 60% to 62.44 billion rupees, as sales promotions more than doubled. Its consolidated net loss widened to 11.97 billion rupees for the quarter, from a loss of 6.11 billion rupees a year ago. Swiggy expanded to 127 cities from 124 in the previous quarter, added 41 stores, and continued scaling up store sizes. Gross order value from its food delivery segment rose about 19% to 80.86 billion rupees in the June quarter, while Instamart's gross order value surged nearly 108% to 56.55 billion rupees. ($1 = 87.5740 Indian rupees)
