Representational file image of an IndiGo flight.
| Photo Credit: The Hindu
IndiGo is embarking on the next level of growth and cost leadership is crucial for the airline, its CEO Pieter Elbers said on March 20.
Currently, IndiGo operates around 1,800 daily flights and has a fleet of more than 300 aircraft.
“We are embarking on the next level of growth,” Mr. Elbers said at a session of CAPA India aviation summit in the national capital.
He noted that the V-shaped recovery of the country’s aviation sector has been a part of learning.
After being significantly hit by the coronavirus pandemic, the aviation sector is on a strong recovery path and the domestic air traffic has almost touched the pre-pandemic levels.
Noting that affordable fares are important, Mr. Elbers said maintaining cost leadership is crucial.
The low cost carrier is the country’s largest airline with a market share of more than 55%. Responding to a query, Mr. Elbers said Indian aviation will move towards more sustainable finance, adding that there is more stability in the market.
The airline is focusing on internationalisation of operations. It plans to start flights to Nairobi, Jakarta and some central Asian destinations.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
