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The latest announcement is out from InterGlobe Aviation Ltd ( (IN:INDIGO) ).
IndiGo has confirmed its order with Airbus for 30 additional A350-900 aircraft, doubling its wide-body fleet order to 60 planes. This strategic move aligns with IndiGo’s ambition to expand its international footprint and support India’s vision of becoming a global aviation hub by 2030, enhancing its long-haul operations and connectivity.
More about InterGlobe Aviation Ltd
InterGlobe Aviation Ltd, operating as IndiGo, is a leading airline in India known for its extensive domestic and international flight network. The company focuses on providing affordable and efficient air travel services, and is expanding its fleet to enhance its long-haul capabilities.
Average Trading Volume: 49,436
Technical Sentiment Signal: Buy
Current Market Cap: 2272.4B INR
Learn more about INDIGO stock on TipRanks’ Stock Analysis page.