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IndiGo Receives First V2500-Powered A320 With Sharklets

GLASTONBURY, CT -- (Marketwire) -- 02/01/13 -- IndiGo, IAE and Pratt & Whitney's largest customer in India, has taken delivery of the first V2500-powered A320 with Sharklets. This delivery is part of IndiGo's larger order for 280 A320 family aircraft, including both A320 ceos and neos.

IndiGo is an all IAE operator and the largest domestic airline by market share in India today. It began operations in 2006 and has a fleet of 62 A320s today.

"This is another significant milestone for IndiGo and IAE," said IAE President Jon Beatty. "They have a long history with IAE, including being the launch customer for the first V2500 SelectOne™ engine. Not only is their entire fleet powered by the V2500, it is also covered under IAE's V-Services(SM)."

"In a little over six years since we began operating, our low fares and high service ethos at IndiGo has enabled us to grow to become India's largest domestic carrier," said Aditya Ghosh, President, IndiGo. "We already operate one of the world's youngest most fuel efficient fleets with our SelectOne™ IAE engines, and our investment in the Sharklet will help reduce our fuel consumption even further."

Ghosh further added, "Our environmentally friendly fleet of the A320s will set a benchmark by significantly reducing the impact on the environment and lead the way to a more sustainable mode of flying. 'Sharklets' fitted A320s will help us extend these benefits to our customers, as they select IndiGo, India's greenest carrier."

About IndiGo: IndiGo is India's largest airline with a market share of 27.0% as of December, 2012, as well as the country's largest low-fare carrier. IndiGo is the fastest growing low-cost carrier in the world (source: CAPA). IndiGo has a simple philosophy: offer fares that are always low, flights that are on time, and a courteous, hassle-free travel experience. IndiGo's On Time Performance is one of the best in India. IndiGo's Technical Dispatch Reliability is 99.91% making it the airline with the least number of cancellations in India. With its fleet of 62 new Airbus A320 aircraft, the airline offers 383 daily flights connecting 33 destinations -- Agartala, Ahmedabad, Bangkok, Bengaluru, Bhubaneswar, Coimbatore, Chennai, Delhi, Dibrugarh, Dubai, Goa, Guwahati, Hyderabad, Imphal, Indore, Jaipur, Jammu, Kathmandu, Kochi, Kolkata, Lucknow, Mumbai, Muscat, Nagpur, Patna, Pune, Raipur, Singapore, Srinagar, Trivandrum, Vadodara, Vishakhapatnam, and Chandigarh. IndiGo currently operate International flights to five destinations, namely, Bangkok, Dubai, Kathmandu, Muscat and Singapore. The first international flight commenced on September 1, 2011.

About IAE: IAE is a multinational aero engine consortium whose shareholders are comprised of Pratt & Whitney (NYSE: UTX), Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines. To date, more than 5,400 engines have been delivered and nearly 1,800 more engines are on order with close to 200 customers around the world.

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