Pieter Elbers, Chief Executive Officer, InterGlobe Aviation, says IndiGo is in a unique position globally, to have more than 50 planes being delivered on a yearly basis. So, every week a new plane comes in, which helps them to address the issue of grounded aircraft. IndiGo has taken some additional damp leases, extended some existing … Read more
NEW DELHI: Budget carrier IndiGo has reported a profit of Rs 2,998.1 crore in the quarter ended Dec 31, 2023, up 111% from Rs 1,422.6 crore in Q3 of last fiscal. This is only marginally lower than the highest-ever quarterly profit for an Indian carrier at Rs 3089.2 crore reported by IndiGo in the April-June … Read more
Pieter Elbers, CEO, IndiGo, says “today, we are running in the second quarter on 28% capacity growth and in the third quarter we have announced to be roughly in the range of 25%. At IndiGo, we have taken a whole range of mitigating measures ranging from lease extensions to damp leases of wide bodies, damp … Read more