Elbers to give IndiGo fresh blood for next growth phase

Indian airlines cannot seem to get enough expat CEOs, and they are adding a few more names to the list in the coming days. We recently reported about Air India appointing New Zealand-born Campbell Wilson as its CEO, the first after the privatization. Now, IndiGo has...

IndiGo eyes future capacity growth despite quarterly loss

IndiGo’s chief executive Rono Dutta is expecting his carrier to increase capacity by 40 percent for the coming quarter, even as the carrier reported a higher net loss for the quarter between July and September 2021. In an earning calls transcript released by the Indian low-cost carrier, Dutta attributed multiple factors that took place in the quarter that prompted it to raise capacity. This includes a fall in the number of COVID-19 cases in India, an increased pace of vaccination against the coronavirus, a relaxation of testing rules by the various Indian states, as well as a gradual removal in capacity caps by the Indian central government and expansion of travel bubble arrangements with other countries.

But beyond the expected increase in capacity, Dutta expressed concern at the rising cost of fuel, where fuel prices are now averaging $85 per barrel, as compared to the average price of $65 per barrel prior to the COVID-19 outbreak. “Things are looking better on the revenue side but the increase in input costs are cause for concern,” says Dutta. 

IndiGo’s chief executive Rono Dutta is expecting his carrier to increase capacity by 40 percent for the coming quarter

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Insight: Friday 29 November 2019: Are IndiGo’s GTF problems self-induced?

News News reports out of India indicate that IndiGo, which has had inflight shut-down problems with the Pratt & Whitney GTF engine, may be improperly operating the engines.  Go Airlines, the other Indian LCC using the GTF, is not experiencing similar issues, nor...

IndiGo surprises with bumper neo-order

India's IndiGo surprised a few on October 29 by announcing a bumper-order for 300 Airbus A320neo-family aircraft. It is one of the biggest orders with a single customer if you don't include a similar big deal in 2017 for 430 neo's by Indigo Partners - the investor...