BSE seeks clarification from Indigo on seeking compensation from Airbus
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Even as "The Exchange has sought clarification from
ET had also reported today that IndiGo is negotiating with Airbus and Pratt & Whitney for more incentives on technical support and maintenance as part of the compensation for delay in deliveries of A320Neo planes, and is also pushing the engine maker for higher levels of efficiency on the plane engines.
Airbus Neos, or New Engine Options, are the upgraded versions of the 180-seater Airbus 320, the most popular single aisle aircraft in the world. IndiGo has a total of 430 Neo planes on order, the first of which was supposed to be delivered to it by December or early January.
This uncertainty over deliveries is being cited as one of the reasons that made the airline's stock tank 19% last Thursday, despite a 24% rise in net profit.
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