First, it was not an outright purchase. The deal, which only much later came to be fully understood by competition, was on the lines of ‘sale and lease back’ arrangement, which provided IndiGo a few key advantages. The bulk order had enabled it to bargain a handsome discount over the list price and at the same time, IndiGo had assured itself an uninterrupted supply of planes when the demand was predicted to soar. Moreover, as per the terms of its arrangement with Airbus, any technical glitches or issues with engines were to be taken care by Airbus or the engine supplier. Also, by entering into
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