Mergers & Acquisitions

IndiGo to make major expansion into international markets: IndiGo's new CEO

Opportunity India Desk
Opportunity India Desk Feb 04, 2019 - 1 min read
IndiGo to make major expansion into international markets: IndiGo's new CEO image
IndiGo is India's largest airline in terms of domestic market share.

Ronojoy Dutta, the new CEO of IndiGo, has informed the staff that the airline would be making a major expansion into global markets. IndiGo is India's largest airline in terms of domestic market share.

Dutta said, "IndiGo is playing a critical part in nation building by building highways in the sky. Our work is only beginning. While we have established a domestic network, we are only a bit player in the international market. Foreign carriers carry 61 per cent of the traffic in and out of India; we carry only 6 per cent."

The airline has also announced daily direct flight from Delhi to Istanbul beginning from March 20. IndiGo has a fleet of over 200 aircraft and operates more than 1,300 daily flights.

Rahul Bhatia, Co-Founder of IndiGo, stated, "We have posted a profit of Rs 190 crore in a continued difficult environment and have grown our fleet by one aircraft a week for a 33 per cent capacity increase for the quarter. Very few airlines around the world have the operational resilience to absorb such rapid growth."

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