IndiGo's ascent is not without its risks, however.
Indian budget airline SpiceJet has agreed to buy around 40 Boeing 737 passenger jets worth over $4 billion at list prices as it seeks to modernize its fleet and climb out of the red, industry sources said on Tuesday.
BA parent could order around 20 Airbus A350-1000s.
Now, Japan and Europe will decide whether the fix for the high-tech plane's lithium-ion batteries is safe.
ILFC urges India to release six jets held 'hostage' after Kingfisher failed to pay for them.
Sees 4-5 years of year-on-year profit growth; Determined to prevent drop in narrowbody output; No further increases in output until neo hits stride; Airbus sold almost 200 aircraft in November; Hint on future developments without European loans