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Citi, Credendo close $328 mn deal for eight IndiGo jets through GIFT City

The $328 million facility covers six A321s and two A320s, marking the first ECA-backed aircraft financing through a GIFT IFSC leasing structure and Credendo's aviation debut

Citi, Credendo close $328 mn deal for eight IndiGo jets through GIFT City
Updated On : 13 Oct 2026 | 7:59 PM IST

Indigo signs $328 mn finance deal with Citi to buy for 8 Airbus aircraft

Country's largest carrier Indigo has signed a USD 328 million financing deal with Citi to buy eight narrow-body planes to be manufactured by Airbus. This is the world's first aviation financing transaction insured by the Belgian export credit agency (ECA) Credendo, and the maiden ECA-backed aircraft financing structured through the GIFT IFSC, according to a statement. The financing will help Indigo procure six A321s and two A320s, it said. Global banking major Citi acted as sole mandated arranger, ECA coordinator and sole lender, with the financing backed by Credendo's credit insurance, it added. The transaction was executed through Indigo's subsidiary, InterGlobe Aviation Financial Services IFSC and provides a "competitive and diversified source of long-term funding" for the carrier's fleet and network growth, it said. "By combining Citi's cross-border aviation and ECA financing expertise with Credendo's credit insurance and IndiGo's GIFT IFSC platform, we have delivered a ...

Indigo signs $328 mn finance deal with Citi to buy for 8 Airbus aircraft
Updated On : 13 Oct 2026 | 3:14 PM IST

Airbus detects surface coating issue in A321 neo fuselage, IndiGo impacted

"The source of the issue has been identified, contained and a remedy is available. All newly coated stringers conform to all requirements," Airbus spokesperson said

Airbus detects surface coating issue in A321 neo fuselage, IndiGo impacted
Updated On : 25 Sep 2026 | 10:33 PM IST

Airbus sees no softening in demand despite geopolitical headwinds

Airbus ​forecasts about 42,000 new aircraft will be required globally over the ‌next 20 years, and about 45% of those will be delivered ​to the fast-growing Asia-Pacific region

Airbus sees no softening in demand despite geopolitical headwinds
Updated On : 15 Sep 2026 | 10:32 AM IST

Air India A320 briefly lost key flight controls, Airbus analysis shows

Airbus' initial analysis showed the plane ​registered losses in all three hydraulic systems, which use pressurised fluid to power flight controls and other equipment, in quick succession.

Air India A320 briefly lost key flight controls, Airbus analysis shows
Updated On : 14 Aug 2026 | 10:44 PM IST

BEA, Airbus to join AAIB probe into Air India Phuket-Delhi flight incident

The August 4 incident involving an Airbus A320 saw a sudden altitude loss of around 300 feet while cruising, leaving 13 passengers and four crew members injured

BEA, Airbus to join AAIB probe into Air India Phuket-Delhi flight incident
Updated On : 10 Aug 2026 | 8:09 PM IST

Honeywell wins IndiGo avionics deal, Aeromexico to deploy runway technology

Honeywell said the IndiGo deal includes auxiliary power units, weather radar, traffic collision avoidance systems, flight management systems and aftermarket support

Honeywell wins IndiGo avionics deal, Aeromexico to deploy runway technology
Updated On : 20 Jul 2026 | 2:01 PM IST

AirAsia signs major deal, orders 150 Canada-made Airbus A220 jets

The deal is potentially worth about $6.8 billion, based on Ishka data that values new A220-300s jets at $45 million apiece

AirAsia signs major deal, orders 150 Canada-made Airbus A220 jets
Updated On : 07 May 2026 | 8:24 AM IST

₹97 lakh/month: Airbus India leases additional 1.5 lakh sq ft in Whitefield

Stacking Up in Bengaluru: Airbus Secures 3rd, 4th, and Ground Floors for ₹97 Lakh a Month

₹97 lakh/month: Airbus India leases additional 1.5 lakh sq ft in Whitefield
Updated On : 02 Mar 2026 | 9:05 AM IST

Airbus to ramp up H125 helicopter production in India to 10 by 2029

Bullish on the growth potential of the Indian market, aerospace major Airbus plans to produce 10 H125 helicopters annually from the final assembly line, established in collaboration with Tata Advanced Systems in Karnataka, by 2029. Asserting that helicopters can be a tool for "nation building", as well as public services, Airbus Helicopters CEO Bruno Even said efforts would continue to contribute to the development of the ecosystem in India. "We strongly believe in the potential of the helicopter market in India... we strongly believe that H125 helicopters can be a key enabler to boost this civil helicopter market in India," Even told PTI in an interview in the national capital. Airbus, along with Tata Advanced Systems Ltd (TASL), has set up the country's first private sector helicopter Final Assembly Line (FAL) for the H125 at Vemagal in Karnataka. On February 17, Prime Minister Narendra Modi and French President Emmanuel Macron virtually inaugurated the facility. According to Ev

Airbus to ramp up H125 helicopter production in India to 10 by 2029
Updated On : 19 Feb 2026 | 5:57 PM IST

AI to enhance human skills, not replace expertise: Airbus executive

Artificial Intelligence (AI) is a responsible enabler designed to augment human capability and not a replacement for expertise, Airbus India chief Jurgen Westermeier said on Wednesday. The President and Managing Director for India and South Asia at Airbus also said that AI should be seen as a bridge that helps to be more efficient and optimise resources on the way to the net-zero goals. He was speaking at a session of the AI Impact Summit here. Aircraft maker Airbus has a significant presence in India. Westermeier said Al is not a replacement for expertise, rather it is a responsible and ethical enabler designed to augment human capability. "Whether through predictive maintenance, optimising logistics or streamlining complex engineering, Al allows us to move from abstract ambition to practical, high-impact results," he said. He also stressed that for any industry to thrive in the coming decades, sustainability must be embedded into its design and governance from the outset, and n

AI to enhance human skills, not replace expertise: Airbus executive
Updated On : 18 Feb 2026 | 2:53 PM IST

Turkish Airlines flight diverts to Kolkata after mid-air engine fire

The Kathmandu-Istanbul Turkish Airlines flight declared a PAN PAN emergency after its right engine caught fire mid-air and diverted safely to Kolkata with all 236 passengers on board unharmed

Turkish Airlines flight diverts to Kolkata after mid-air engine fire
Updated On : 04 Feb 2026 | 5:14 PM IST

Air India orders 30 additional Boeing jets, taking total orders to 250

Air India converts order for A321neos to A321XLRs

Air India orders 30 additional Boeing jets, taking total orders to 250
Updated On : 29 Jan 2026 | 6:56 PM IST

Airbus expects India's commercial fleet size to triple to 2,250 by 2035

India's commercial aircraft fleet will triple in size to 2,250 aircraft over the next decade, as the country grows to become the third-largest civil aviation market in the world by 2035, a senior official of the aircraft maker Airbus said on Thursday. Addressing a press conference on the sidelines of Wings India 2026, Jurgen Westermeier, President and Managing Director, Airbus India and South Asia said the fleet expansion is driven both by the Indian aviation market boom and the Indian airlines' ambition to expand on international routes. Passengers traffic in India will grow at 8.9 per cent per annum by 2035, the fastest among the major economies and well above the long term global average, he further said.

Airbus expects India's commercial fleet size to triple to 2,250 by 2035
Updated On : 29 Jan 2026 | 1:14 PM IST

Airbus CEO warns of new risks after major trade, logistical damage

Airbus CEO Guillaume Faury said multiple trade pressures had already 'caused significant collateral damage, logistically and financially'

Airbus CEO warns of new risks after major trade, logistical damage
Updated On : 25 Jan 2026 | 9:29 PM IST

Bangladesh to choose Boeing over Airbus, plans to procure 14 aircraft

Bangladesh has decided in principle to procure 14 aircraft from US multinational Boeing, opting out of its rival European conglomerate Airbus after a protracted competition that also saw extensive diplomatic engagement by the countries concerned. State-run BSS news agency reported that Biman Bangladesh Airlines decided to procure the Boeing aircraft at its annual general meeting as part of its fleet expansion plan. "The approved order comprises eight Boeing 787-10 Dreamliners, two Boeing 787-9 Dreamliners and four Boeing 737-8 Max aircraft," the report said, adding, however, that the deal would be finalised following further price negotiations and after meeting other terms set by Biman's techno-finance committee.

Bangladesh to choose Boeing over Airbus, plans to procure 14 aircraft
Updated On : 02 Jan 2026 | 7:04 AM IST

StatsGuru: A trinity of turbulence - Airbus, IndiGo and glitches

Recent Airbus A320 groundings and IndiGo flight disruptions have put India's fast-growing aviation sector under the spotlight, raising questions over fleet reliability and safety oversight

StatsGuru: A trinity of turbulence - Airbus, IndiGo and glitches
Updated On : 14 Dec 2025 | 5:22 PM IST

Airbus cuts 2025 delivery target after issues with top-selling jet

Engine supplies have been under scrutiny as planemakers look to increase production of new jets while airlines compete with assembly lines for supplies to address long engine repair times

Airbus cuts 2025 delivery target after issues with top-selling jet
Updated On : 03 Dec 2025 | 10:25 PM IST

Airbus faces new quality problem causing delays to several A320 deliveries

The suspected production flaw is delaying some deliveries but there are no immediate indications that it has reached aircraft in service, the sources said, asking not to be named

Airbus faces new quality problem causing delays to several A320 deliveries
Updated On : 01 Dec 2025 | 9:53 PM IST

Airbus says majority of recalled 6,000 A320-family jets now modified

But some require a longer process and Colombia's Avianca continued to halt bookings for dates until December 8

Airbus says majority of recalled 6,000 A320-family jets now modified
Updated On : 01 Dec 2025 | 3:59 PM IST