IndiGo’s parent company, InterGlobe Aviation, is reported to be in early-stage discussions with Embraer for a possible large order of regional jets. Multiple sources say the talks involve the Embraer E2 family and that the potential deal would be among Embraer’s biggest in India, potentially worth billions of dollars before standard industry discounts. The negotiations are described as preliminary, with no agreement or guarantee of an order at this point. IndiGo is considering replacing parts of its turboprop fleet, including ATR aircraft, and using additional jets to support capacity growth. Embraer’s leadership has previously indicated that the company would consider establishing a full aircraft assembly facility in India only if it wins orders for at least 200 E175 regional jets. In parallel, Embraer has already announced a partnership with Gautam Adani’s conglomerate to build aircraft in India, and it has inaugurated an India office in New Delhi. Sources also note that the airline currently relies on foreign aircraft manufacturers because there is no commercial aircraft assembly in India, and IndiGo has traditionally placed major orders with Airbus.
IndiGo in early talks with Embraer for a potential large regional jet order
IndiGo’s parent company, InterGlobe Aviation, is reported to be in early-stage discussions with Embraer for a possible large order of regional jets. Multiple sources say the talks involve the Embraer...
- InterGlobe Aviation/IndiGo is reported to be in early talks with Embraer about a potential regional jet order.
- Discussions reportedly involve Embraer E2 jets, with consideration of dozens of aircraft.
- The talks are described as preliminary, with no guaranteed order yet.
- A potential deal could be worth billions of dollars before customary industry discounts.
- Embraer’s India assembly plans are linked to securing at least 200 E175 regional jet orders.
A deal, which could be valued at billions of dollars before customary industry discounts are applied, would be the biggest for the Brazilian manufacturer in India and brings it closer to establishing a full aircraft assembly line in the country.
5 hours agoInterGlobe Aviation Ltd., the parent company of India’s biggest airline IndiGo, is in talks with Embraer SA over a possible large regional jet order, according to people familiar with the matter.IndiGo is considering purchasing dozens of Embraer E2 aircraft to replace its fleet of turboprop-powered ATRs as well as to bolster capacity, said the people, who asked not to be identified because the information is confidential. The discussions are at an early stage and there’s no guarantee of an order, they said.Also Read|IndiGo's next flight plan: Airline targets bigger global push, diaspora traffic through IndiaA deal, which could be valued at billions of dollars before customary industry discounts are applied, would be the biggest for the Brazilian manufacturer in India and brings it closer to establishing a full aircraft assembly line in the country. Embraer Chief Executive Officer Francisco Gomes Neto has previously said the planemaker needs to win orders for at least 200 of its E175 regional jets before it considers an Indian assembly facility.Spokespersons for IndiGo and Embraer did not immediately respond to an emailed request for comments.India is the world’s third-largest market for air travel and growing rapidly, according to the industry body IATA. But with no commercial assembly in the country, the industry relies on foreign manufacturers for their planes. IndiGo and Air India Ltd. hold some of the industry’s largest orders for new Airbus SE and Boeing Co. jets.Adani PartnershipEmbraer has already announced a partnership with billionaire Gautam Adani’s conglomerate to build aircraft in India, a major boost to the Narendra Modi-led administration’s plan to transform the country into a global manufacturing hub. The Brazilian firm also inaugurated its India office in New Delhi last October, underscoring the company’s ambitions.Read More: Adani Group, Embraer Enter a Pact to Build Aircraft in IndiaSeparately, Embraer is in talks with Star Air, India’s largest regional carrier, over the purchase of as many as 20 aircraft for about $1 billion, Bloomberg News has previously reported.IndiGo’s fleet stood at 441 planes, including 46 ATR regional turboprops, according to company data as of March. The airline still has around 900 aircraft slated for delivery over the next decade and has traditionally ordered most of its planes from Airbus, making an Embraer order a significant shift.
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