IndiGo left Pratt and Whitney for pick up supply of CFM engines. IndiGo, will start importing engines from CFM International. From August to fuel its Airbus A320 Neo aircraft, individuals aware of the subject stated.
These engines would provide a much-needed solution to the carrier, which encountered issues on its A320 Neo planes. With that IndiGo left Pratt and Whitney (P&W) engines, and had to ground some flights due to these issues.
The year before, IndiGo purchased jet engines worth $20 billion. Also from a joint venture between General Electric, USA, and France’s Safran SA. Furthermore, a low-cost airline revealed on Monday. Despite this, the largest user of the Airbus SE A320 Neo aircraft seems to be switching away from the Pratt & Whitney engines that have been suffering bugs.
New Supplier For IndiGo
“IndiGo, which has already taken delivery of 20 A320 Neo family aircraft this year. Also it will take delivery of 45 A320 Neo family aircraft during FY 2021”. Added by the individual listed above speaking on condition of anonymity.
Inter Globe Aviation Ltd, is one of the world’s largest purchasers of Airbus aircraft. With a cumulative order book of 730 A320 Neo aircraft. P&W engines currently fuel the entire fleet of Airbus A320 Neo aircraft family IndiGo.
P&W engines are known to be more fuel effective than their counterparts, but there have been issues with them since they started operating in 2016, causing IndiGo to ground its aircraft many times. P&W believes that the problems have been settled.
“The big order put by IndiGo with CFM was made in the context of the economic consequences of the contract and IndiGo had arranged the contract with both P&W and CFM,” said the second individual listed above, who also did not want to be called. “CFM packed the deal because their bid was economically stronger,” stated by the person have knowledge of the matter.
In the next two years IndiGo plans to upgrade its older fleet A320 Neo aircraft. With the A320 Neo aircraft, CEO Ronojoy Dutta mentioned last month.
“We are replacing our old A-320 Neo’s with new A-320 Neo’s to increase cost efficiency. And freeze additional rentals in talks with vendors to get improved payment conditions and this year. However don’t offer dividends for liquidity.” Ronojoy Dutta added.
