- IndiGo is now the leader in both the domestic & international markets in India.
- It is the largest domestic airlines with capturing humongous 49.9 percent of the domestic Indian aviation.
- Recently, IndiGo became the ‘Best Low-cost Airline in Central Asia and India’ for the 10th time in a row
According to the CAPA Aviation Center, ‘ IndiGo has now overtaken Air India as the biggest single global airline running to/from India in terms of seats deployed, representing 11.7% of total capacity ‘. Thus, making IndiGo leader in both the domestic & international markets in India.
The period from January to March, DGCA information indicates that Air India flew 17.6 lakh in and out of India in that quarter, making it the biggest single Indian carrier for global travel (not a group). It was followed at 16.8 lakh by Jet Airways; at 14.5 lakh by IndiGo. Together, the AI Group, AI and AI Express (11.3 lakh), flew in that era 28.9 lakh global travelers.
After this quarter, things altered rapidly when Jet Airways stopped flying on April 17. Other Indian airlines were “temporarily” provided their global flying privileges and domestic airport slots to add flights and assist rein in fares that had started to defy gravity owing to the crunch created by Jet shutdown.
With a steady aircraft order — with more than 330 Airbus A320s and A321s on the order that frequently joins the fleet— IndiGo has been able to add a big amount of global flights to the rights of Jet. According to CAPA, this leap made it overtake AI which could not fill the unused medium and long haul destinations of Jet owing to its poor economic health.
“In the space of just three months, the amount of weekly global seats deployed by IndiGo to/from India has risen by 43%,” states CAPA.
However, owing to the serious economic crunch, AI faces an uncertain future and petroleum businesses cut off supply at six airports due to mounting duties.
On the other side, even before Jet had shut down, IndiGo had grown aggressively. Its 14.4 lakh international flyers were a huge 56.7 percent more than 9.2 lakh individuals who flew in and out of India in the same period last year in January-March, 2019.
The Indian aviation industry has been going through some tough times over the last few years. Many companies have had to stop operations while others are struggling to stay afloat. The latest entrant to the troubled club in Indian aviation is Jet Airways, with the fleet grounded and operations suspended. In this bleak atmosphere for aviation companies, the one company that is actually doing well and has only had one-quarter of posting losses in the last 4 years is IndiGo. With the finances being in a good state and the brand showing promise unlike any other in this brutally competitive industry, InterGlobe Aviation, the parent company of IndiGo, is moving ahead with confidence in its expansion plans, both in terms of the fleet and the headcount in the company.
