Stock Report

RECARO Aircraft Seating BL3710 selected for IndiGo's new A321N, A320N aircraft



Posted On : 2022-07-11 18:38:24( TIMEZONE : IST )

RECARO Aircraft Seating BL3710 selected for IndiGo's new A321N, A320N aircraft

The Recaro Aircraft Seating (Recaro) BL3710 was selected to outfit IndiGo's brand-new A320neo and A321neo aircraft. The low-cost airline will be the first to feature the bestselling economy class seat in the Indian sub-continent. The BL3710 economy class seat will be installed on 75 Airbus aircraft starting from January 2023.

Dr. Mark Hiller, CEO at Recaro Aircraft Seating said, "Our new partnership with IndiGo demonstrates our commitment to not only building a distinct product with a sustainable lifecycle, but also our comprehensive approach to customer service. The BL3710 is an excellent product that will serve both IndiGo and its passengers for many years."

A Red Dot Design Award winner and iF Design Award winner, the BL3710 was specifically created for short and medium-haul flights. The combination of the ergonomic design and weight of less than 10kg per pax has made the economy class seat a bestseller since it first entered the market in 2019.

Mr. Sanjay Kumar, Chief Strategy & Revenue Officer of IndiGo said, "As we expand our network, domestically and internationally to cater to the travel demand, the comfortable seats will be key to upgrading the customer experience onboard IndiGo."

Since its founding in 2006, IndiGo has grown into India's largest passenger airline. Today, the low-cost carrier flies passengers to 74 domestic and 25 international destinations on its fleet of over 280+ aircraft.

Shares of InterGlobe Aviation Limited was last trading in BSE at Rs. 1693.05 as compared to the previous close of Rs. 1677.00. The total number of shares traded during the day was 20649 in over 1734 trades.

The stock hit an intraday high of Rs. 1705.40 and intraday low of 1651.00. The net turnover during the day was Rs. 34766512.00.

Source : Equity Bulls

Keywords

InterGlobeAviation INE646L01027 INDIGO Airlines RecaroAircraftSeating A320neo A321neo