Earlier this month, on the 9th of May, India’s largest domestic airline Indigo, announced that they had signed a term-sheet with French turbo-prop airframer ATR, for the induction of 50 ATR72-600 regional aircraft. The announcement caught the aviation and investment community completely by surprise. Since its inception 12 years ago in 2005, IndiGo had slavishly adhered to the “one airframe …

Read More »