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Pradeep Carpenter

20th Jul · SEBI-Registered Analyst

IndiGo Signs MoU for Over 1,000 LEAP-1A Engines from CFM International

IndiGo has signed a Memorandum of Understanding (MoU) with CFM International for the supply of more than 1,000 LEAP-1A aircraft engines for its Airbus A320neo-family fleet. The agreement is being described as CFM International's largest-ever single engine order. Apart from engine procurement, the MoU also includes long-term engine maintenance support and plans to develop a Maintenance, Repair and Overhaul (MRO) facility in India. The partnership is expected to strengthen IndiGo's fleet expansion plans while supporting the growth of India's aviation maintenance ecosystem. $INDIGO

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