Hotline: 1800 102 2007
X
Search Business Opportunities
Feb, 04 2019

IndiGo to make major expansion into international markets: IndiGo's new CEO

IndiGo is India's largest airline in terms of domestic market share.

Ronojoy Dutta, the new CEO of IndiGo, has informed the staff that the airline would be making a major expansion into global markets. IndiGo is India's largest airline in terms of domestic market share.

Dutta said, "IndiGo is playing a critical part in nation building by building highways in the sky. Our work is only beginning. While we have established a domestic network, we are only a bit player in the international market. Foreign carriers carry 61 per cent of the traffic in and out of India; we carry only 6 per cent."

The airline has also announced daily direct flight from Delhi to Istanbul beginning from March 20. IndiGo has a fleet of over 200 aircraft and operates more than 1,300 daily flights.

Rahul Bhatia, Co-Founder of IndiGo, stated, "We have posted a profit of Rs 190 crore in a continued difficult environment and have grown our fleet by one aircraft a week for a 33 per cent capacity increase for the quarter. Very few airlines around the world have the operational resilience to absorb such rapid growth."

Comment
image
Related opportunities
  • Juices / Smoothies / Dairy parlors
    About Us: A Surat based waffle café named Waffle Republic. Serves..
    Locations looking for expansion Gujarat
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Tea and Coffee Chain
     About Us: Paparoti: Malaysia’s leading coffee chain popular for its innovative buns...
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Casual dine Restaurants
    About Us: Zaiqa-E-Hyderabad is amongst the new breed of restaurants that..
    Locations looking for expansion Andhra pradesh
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Andhra pradesh
  • About Us: Cambridge Montessori Pre School and Day Care is poised..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 5lac - 10lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Central Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities