IndiGo Expands Globally Amid Profit Decline
IndiGo Expands Globally Amid Profit Decline

IndiGo Expands Globally Amid Profit Decline

News summary

IndiGo, India's largest airline, reported a 20% decline in quarterly profit attributed to geopolitical tensions with Pakistan and reduced travel demand following an Air India crash, despite a 12% increase in passenger numbers and modest revenue growth. The airline is expanding internationally with new long-haul routes to Amsterdam and Manchester, and plans to add flights to London and Copenhagen. IndiGo is also introducing business class services ('IndiGo Stretch') on select international routes for the first time. The carrier aims to raise its international capacity share from 28% to 40% by 2030, supported by the arrival of Airbus A321XLRs, A350s, and leased Boeing 787s. A new MRO facility in Bengaluru is being developed to support its growing fleet. Despite industry disruptions and rising operational costs, IndiGo remains optimistic, focusing on network expansion and continued investment in fleet and infrastructure.

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