But both Ebitda and PAT were lower than consensus.
The passenger load factor (PLF) was 86.2 per cent with available seat kilometres (ASK) of 34.8 billion and yield at ₹5.2 per seatkm. Revenue was 17,800 crore (up 26 per cent Y-o-Y). The company has paid IGST of ₹62.1 crore in Q4FY24 on re-import of repaired aircraft, and this amount is under dispute now.
Like other airlines, Indigo has suffered the grounding of a large fleet component with 70-80 aircraft out of service due to issues with Pratt & Whitney engines.
The management hopes to add one in-service aircraft per week on average in FY25, with capacity and passenger growth guidance placed in the mid-teens for FY25. The ASK is expected to grow 10-12 per cent Y-o-Y in Q1FY25.
The airline has added more domestic routes, totalling 400 across 88 destinations and added more international routes, totalling 100 across 33 international destinations and increased both direct international routes, and code share partnerships to eight, contributing mid-single digits to revenue mix.
Bu hikaye Business Standard dergisinin May 25, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin May 25, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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