IndiGo has around 500 planes on order and expects to receive around 40 of them by 2023, according to CEO Peter Elbers.
On the new Air India order, he stated that it demonstrates India’s growth as a future aviation giant.
“IndiGo has never ruled out any alternative. We do have a sizable order book.
We have nearly 500 aircraft on order and a steady stream of deliveries on the way. That will be our primary focus.
We do have the XLRs order, which will expand IndiGo’s operational range “he stated
Two out of every five orders placed worldwide are made by Indian carriers, according to Elbers, who said that India is currently underserved in the aviation industry.
Regarding fleet expansion, he stated that an order had already been placed in 2019 and that deliveries have been ongoing.
Elbers also mentioned the issues with the world's supply chains and what actions IndiGo has done to address them. It has introduced wet leases, extended existing leases, and kept some of the fleet operational that was supposed to be returned.
He stated that IndiGo presently flies to 76 domestic and 26 overseas locations, and that it anticipates adding 10-15 more destinations this year.
According to Pieter Elbers, the company’s CEO, the airline is planning to begin flights to Nairobi, Jakarta, and several places in central Asia as it focuses on internationalisation.
In the December quarter, the low-cost carrier carried 2.23 crore passengers, and in 2022, it held a 56.1% share of the domestic market.
As travel demand remained robust, IndiGo announced its highest-ever quarterly total income for the three months ending December 2022 at Rs 15,410.2 crore and a steep increase in profit at Rs 1,422.6 crore.
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