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How did indigo airlines buy such a huge fleet (114 aircrafts)?

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IndiGo commenced operations in 2006 after placing a very bold order of 100 Airbus A320's in 2005. They didn't lack funds as Mr.Rakesh Gangwal and Mr.Rahul Bhatia were pretty good financially. Mr. read more

In 2006, budget carrier IndiGo was launched with just six aircraft in its fleet and the primary objective of maintaining punctuality for its flights. Not only has the airline managed a stellar on-time-performance record, it is currently the fastest growing airline in the country with the largest market-share of more than 38%. read more

Indigo executed a Purchase Agreement with Airbus and made a down payment. Indigo made progressive Pre-Delivery Payments as they became due to Airbus before delivery of the first aircraft. Indigo got into talks with a leasing company and executed a Lease Agreement. read more

The color pigment indigo is equivalent to the web color indigo and approximates the color indigo that is usually reproduced in pigments and colored pencils. The color of indigo dye is a different color from either spectrum indigo or pigment indigo. read more

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