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Amid Opec cut, IndiGo to gain with fuel efficient A320 fleet

NEO aircraft can help the airline cut costs and save up to 15% of its fuel expenditure

Arindam Majumder  |  New Delhi 

The proposed cut in oil production has sent boardrooms of various airlines into a tizzy. With existing costs yielding low results owing to the ongoing fare war, the faster-than-expected surge in fuel prices is likely to hurt the strategy of Indian carriers. India's leading domestic carrier IndiGo, however, presented a counter narrative saying that its new fuel-efficient A320 new engine option (NEO) fleet will provide the airlines an adavantage against other domestic carriers. “With a cut in oil production and its prices going up, our advantage will widen as we will ...

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Amid Opec cut, IndiGo to gain with fuel efficient A320 fleet

NEO aircraft can help the airline cut costs and save up to 15% of its fuel expenditure

NEO aircraft can help the airline cut costs and save up to 15% of its fuel expenditure The proposed cut in oil production has sent boardrooms of various airlines into a tizzy. With existing costs yielding low results owing to the ongoing fare war, the faster-than-expected surge in fuel prices is likely to hurt the strategy of Indian carriers. India's leading domestic carrier IndiGo, however, presented a counter narrative saying that its new fuel-efficient A320 new engine option (NEO) fleet will provide the airlines an adavantage against other domestic carriers. “With a cut in oil production and its prices going up, our advantage will widen as we will ... image
Business Standard
177 22

Amid Opec cut, IndiGo to gain with fuel efficient A320 fleet

NEO aircraft can help the airline cut costs and save up to 15% of its fuel expenditure

The proposed cut in oil production has sent boardrooms of various airlines into a tizzy. With existing costs yielding low results owing to the ongoing fare war, the faster-than-expected surge in fuel prices is likely to hurt the strategy of Indian carriers. India's leading domestic carrier IndiGo, however, presented a counter narrative saying that its new fuel-efficient A320 new engine option (NEO) fleet will provide the airlines an adavantage against other domestic carriers. “With a cut in oil production and its prices going up, our advantage will widen as we will ...

image
Business Standard
177 22