Wadia group-owned
GoAir on Thursday announced placing an order for 72
Airbus A-320 aircraft valued at about Rs 32,400 crore on list price, the second largest such order in six months.
With this order for 72 A-320 NEO (New Engine Option) planes worth $7.2 billion, GoAir has a total order book of 92 aircraft worth Rs 43,200 crore ($9.6 billion).
Read: Fly unlimited on Air India for Rs 30,000
In January, the country's biggest no-frill carrier IndiGo had ordered a record 180 aircraft worth Rs 67,800 crore ($15 billion) to meet its expansion plans till 2025.
Read: AI, pvt carrier battle out on faresGoAir, which currently operates 10 planes with an average age of two years, had earlier placed an order for 20 A-320s.
"As part of our Vision 2020, we have placed an order for additional 72 A-320 NEO aircraft with Airbus. These aircraft will give us a further competitive advantage of up to 15 per cent on efficiency, primarily gained from a much improved fuel burn," Jeh Wadia, GoAir Managing Director said in a statement about the strategic initiative.
The company would take delivery of its additional aircraft from its previous order over the next 24 months.
Wadia termed the placement of order of an additional 72 aircraft as game-changer for GoAir and the Indian aviation sector.
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