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Market Chatter: IndiGo Faces Delays to Airbus A321XLR Deliveries

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InterGlobe Aviation's (BOM:539448, NSE:INDIGO) IndiGo is unlikely to receive all nine Airbus A321XLR aircraft scheduled for delivery this year as Airbus falls behind on deliveries of the long-range jet, Bloomberg News reported Friday, citing people familiar with the matter.

The airline was expected to receive the aircraft by year-end, but deliveries of some units have reportedly been pushed back by several months.

Bloomberg reported that IndiGo has been told the conflict in the Middle East is disrupting Airbus' supply chain. The carrier is now negotiating with the planemaker for more favorable delivery slots, according to the report.

IndiGo has received two A321XLR aircraft so far and is operating them on routes to Athens and Istanbul, the report added.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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