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IndiGo Targets 200 Mn Fliers
Mint Kolkata
|March 21, 2025
Airline plans global expansion with 600 aircraft, more business seats and a 40% share of India's outbound traffic
India's largest airline IndiGo expects to fly 200 million passengers annually by 2030, an 80% increase from the 113 million passengers it flew in 2024, led by its fleet expansion from 439 aircraft to 600 by the end of the decade.
Top executives of InterGlobe Aviation, IndiGo's parent company, told analysts in Gurugram on Wednesday that the airline would expand beyond its domestic network to lucrative international routes, taking its share of international outbound traffic to 40% from the current 28%. It will also focus on premiumization by adding more business class seats.
Long-haul routes are likely to drive IndiGo's international expansion, analysts said. "Its focus is on bringing down the cost of aircraft ownership and improving fuel efficiency by 5% in the next five years," Kotak analysts wrote in a 20 March note.
This story is from the March 21, 2025 edition of Mint Kolkata.
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