IndiGo, an InterGlobe Enterprises company, has received governmental permission to buy 150 aircraft within the next three years.
InterGlobe Enterprises managing director Rahul Bhatia said that the group would look at all the manufacturers.
“We are looking at several options to raise funds, including debt, leasing back of planes, or an IPO… There is no immediate plan for an IPO right now,” he said.
The airline is expecting the delivery of seven more planes from Airbus by December 2010, according to Bhatia.