IndiGo Airlines indicates better market prospects despite huge losses, poor yield and overcapacity posted by major countries’ carriers. Its latest agreement for the new aircraft appears to illustrate confidence in the Indian Market. While Airbus and Boeing affirm by saying that India is still among the strongest of air traffic expansion over the next two decades.
IndiGo is a low-cost Indian carrier, operating domestic air service with linking more than 25 destinations across the country. Delhi’s Indira Gandhi International Airport is the main base of IndiGo. The airline began services in 2006 with Delhi-Imphal flight.
The airline also stays outside the spell of carrier-consolidation, including Jet Airways and Air Sahara, Kingfisher Airlines and Air Deccan and Air India and Indian Airlines, as sought to counter economic pressures.
Now, India’s low-cost carrier,IndiGo, is among the carriers set to take advantage of Indian threshold. The airline is also planning to fly on international routes.
Airbus predicts domestic Indian traffic volume at 9.2% a year. The overall figure is expected to exceed 250 trillion revenue passenger-kilometres by 2029, and is further added that from India to China, South-east Asia and North America would be the fastest-growing flows.
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