IndiGo

Indian low-cost airline

This article is about the Indian airline. For the American airline, see Indigo Airlines (American airline). For the colour, see Indigo. For other uses, see Indigo (disambiguation).

It has been suggested that IndiGo fleet be merged into this article. (Discuss) Proposed since September 2024.

|

IndiGo

| IATA | ICAO | Callsign

|
|

6E  | IGO  | IFLY
Founded| 2006; 18 years ago (2006)
Commenced operations| 4 August 2006; 18 years ago (2006-08-04)
Operating bases|

* Chhatrapati Shivaji Maharaj International Airport (Mumbai)
* Chennai International Airport (Chennai)
* Cochin International Airport (Kochi)
* Indira Gandhi International Airport (Delhi)
* Kempegowda International Airport (Bangalore)
* Netaji Subhas Chandra Bose International Airport (Kolkata)
* Rajiv Gandhi International Airport (Hyderabad)

Frequent-flyer program| BluChip
Fleet size| 378
Destinations| 122
Traded as|

* BSE: 539448
* NSE: INDIGO

ISIN| INE646L01027
Headquarters| Gurgaon, Haryana, India
Key people|

* Rahul Bhatia, Co-founder and MD[1]
* Pieter Elbers, (CEO)[1]

Founders|

* Rahul Bhatia
* Rakesh Gangwal

Revenue|  ₹71,231 crore (US$8.5 billion) (2024)[2]
Operating income|  ₹8,049 crore (US$960 million) (2024)
Net income|  ₹8,172 crore (US$980 million) (2024)
Total assets|  ₹82,224 crore (US$9.9 billion) (2024)
Total equity|  ₹1,996 crore (US$240 million) (2024)
Employees|  37,200 (2024)[3]
Website| www.goindigo.in

InterGlobe Aviation Limited (d/b/a IndiGo), is an Indian low-cost airline headquartered in Gurgaon, Haryana, India. It is the largest airline in India by passengers carried and fleet size, with a 62% domestic market share as of August 2024.[citation needed] It is the largest individual Asian airline, and one of the largest in the world in terms of passengers carried, with more than 100 million passengers carried in 2023. As of August 2024[update], IndiGo operates over 2,000 daily flights to 122 destinations – 88 domestic and 34 international, with a fleet of over 370 aircraft. It has its primary hub at Indira Gandhi International Airport, Delhi.

The airline was founded as a private company by Rahul Bhatia of InterGlobe Enterprises and Rakesh Gangwal in 2006. It took delivery of its first aircraft in July 2006 and commenced operations a month later. The airline became the largest Indian carrier by passenger market share in 2012. The company went public in November 2015. IndiGo was ranked as the fifteenth most punctual airline globally in 2022 by OAG.

## History

[edit]

IndiGo was founded in 2006 as a private company by Rahul Bhatia of InterGlobe Enterprises and Rakesh Gangwal, a United States-based expatriate Indian.[4] InterGlobe had a 51.12% stake in IndiGo and 47.88% was held by Gangwal's Virginia-based company, Caelum Investments.[5][6] IndiGo placed a firm order for 100 Airbus A320-200 aircraft in June 2005 with plans to begin operations in mid-2006.[7] IndiGo took delivery of its first aircraft on 28 July 2006, nearly a year after placing the order.[8] It commenced operations on 4 August 2006 with a service from New Delhi to Imphal via Guwahati.[9] By the end of 2006, the airline had six aircraft, and nine more were acquired in 2007.[9] In December 2010, IndiGo replaced state-run carrier Air India as the third largest airline in India, behind Kingfisher Airlines and Jet Airways with a passenger market share of 17.3%.[10]

In 2011, IndiGo placed an order for 180 Airbus A320 aircraft in a deal worth US$15 billion.[11] In January 2011, after completing five years of operations, the airline was permitted to launch international flights.[12] In December 2011, the DGCA expressed reservations that the rapid expansion could impact passenger safety.[13]

In February 2012, IndiGo took delivery of its 50th aircraft, less than six years after it began operations.[14] For the quarter ending March 2012, IndiGo was the most profitable airline in India and became the second largest airline in India in terms of passenger market share.[15] On 17 August 2012, IndiGo became the largest airline in India in terms of market share surpassing Jet Airways, six years after commencing operations.[16]

In January 2013, IndiGo was the second-fastest-growing low-cost carrier in Asia behind Indonesian airline Lion Air.[17] In February 2013, following the announcement of the Civil Aviation Ministry that it would allow IndiGo to take delivery of only five aircraft that year, the airline planned to introduce low-cost regional flights by setting up a subsidiary. Later, IndiGo announced that it planned to seek permission from the ministry to acquire four more aircraft, therefore taking delivery of nine aircraft in 2013.[18] As of March 2014[update], IndiGo is the second-largest low-cost carrier in Asia in terms of seats flown.[19]

In August 2015, IndiGo placed an order for 250 Airbus A320neo aircraft worth $27 billion, making it the largest single order ever in Airbus history.[20] IndiGo announced a ₹3,018 crore (equivalent to ₹36 billion or US$430 million in 2023) initial public offering on 19 October 2015 which opened on 27 October 2015.[21][22][23]

In October 2019, IndiGo placed an order for 300 Airbus A320neo aircraft worth ₹2.3 lakh crore (US$28 billion), surpassing its own record of the largest single order ever in Airbus history.[24][25] In December 2019, the airline became the first Indian airline to operate 1,500 daily flights.[26] On 31 December 2019, it became India's first airline to have a fleet size of more than 250 aircraft.[27]

In January 2023, the airline became the first Indian airline to have a fleet size of more than 300 aircraft.[28] In February 2023, the airline inducted the first wide-body aircraft, a Boeing 777-300ER to its fleet.[29] In June 2023, the airline placed an order for 500 Airbus A320neo family aircraft, making it the largest aircraft order in commercial aviation history.[30] As of November 2023, IndiGo had a 61.8% domestic market share.[31] In December 2023, IndiGo became the first Indian airline to have ferried more than 100 million passengers in a calendar year.[32]

## Corporate affairs

[edit]

IndiGo uses as an indigo-sky blue livery as seen on the Airbus A320 aircraft IndiGo aircraft with secondary colour scheme on Airbus A320-214

IndiGo is headquartered in Gurgaon, India.[33] The company is publicly listed under the moniker NSE: INDIGO.[34]

### Logo and livery

[edit]

Twenty dots arranged in the shape of an aircraft serves as the logo of the airline.[35] The airline uses a two tone blue livery on a white background with the belly of the aircraft painted in Indigo with the logo in white.[36] The flight attendants wear a single-piece navy-blue tunic with a cap and a thin indigo belt.[37] The airline has the tagline on-time focusing on punctuality.[37]

### Financials

[edit]

Year  | 2016[38] | 2017[39] | 2018[40] | 2019[41] | 2020[42] | 2021[43] | 2022[44] | 2023[45]

|
|
|
|
|
|
|
|

Revenue (₹ cr)  | 16,140  | 18,580  | 23,021  | 28,497  | 35,756  | 14,641  | 25,931  | 54,446
Profit after tax (₹ cr)  | 1,986  | 1,659  | 2,242  | 156  | −248 | −5,830 | −6,171 | −317

## Operations

[edit]

IndiGo became one of the fastest growing low-cost carriers in the world and the largest airline in India.[17] The success of IndiGo has been attributed to its unique business model which reduces costs.[15] The airline operates a single type of aircraft (Airbus A320) in similar seating configuration which simplifies crew training and maintenance.[15] The airline strikes bulk deals with Airbus, reducing unit costs.[15] The airline targets a quick turn-around time of 20 minutes to get the aircraft ready for the next flight, ensuring planes fly about 12 hours every day.[46] Employees share multiple roles with a check-in staff doubling as baggage handlers.[46] In July 2023, Indian aviation watchdog Directorate General of Civil Aviation imposed a ₹30 lakh (US$36,000) fine on IndiGo for certain systemic deficiencies concerning documentation pertaining to operations, training, and engineering procedures.[47]

Particulars  | 2016  | 2017  | 2018  | 2019  | 2020  | 2021  | 2022  | 2023

|
|
|
|
|
|
|
|

Employees  | 12,362  | 14,604  | 18,060  | 23,531  | 27,812  | 23,711  | 26,164  | 32,407
Passengers (mn)[48] | 33  | 44  | 52  | 65  | 75  | 29  | 47  | 85
Load factor (%)  | 84.0  | 84.8  | 87.4  | 86.2  | 85.8  | 69.4  | 73.6  | 82.1
Fleet size  | 107  | 131  | 159  | 217  | 262  | 285  | 275  | 304
CO2 emissions (g) per ASK  | 74.6[49] |  |  | 72.0  | 70.0  | 64.7  | 61.1  | 59.5

## Destinations

[edit]

Countries in which IndiGo operates as of September 2024[50]

Main article: List of IndiGo destinations

As of September 2024[update], IndiGo operates more than 2,000 daily flights to 122 destinations, 88 in India and 34 abroad.[51][52][53] Its main base is located at Delhi,[54] with additional bases at Bangalore,[55] Chennai,[56] Hyderabad,[57] Kolkata,[56] Mumbai,[56] and Kochi.[58] In January 2011, IndiGo received a license to operate international flights after completing five years of operations.[59] IndiGo's first international service was launched between New Delhi and Dubai on 1 September 2011.[60][61]

### Codeshare agreements

[edit]

IndiGo codeshares with the following airlines:

* Air France[62]
* American Airlines[63]
* British Airways[64]
* KLM[62]
* Qantas[65]
* Qatar Airways[66]
* Turkish Airlines[67]
* Virgin Atlantic[68]

## Fleet

[edit]

Main article: IndiGo fleet

As of September 2024[update], IndiGo operates the following aircraft:[69][70]

IndiGo fleet  Aircraft  | In
service  | Orders  | Passengers  | Notes

|
|
|
|

C | Y | Total
Airbus A320-200 | 23  | -- | -- | 180  | 180  | To be phased out.[71]
Airbus A320neo | 23  | 253  | -- | 180  | 180  | Largest operator of its type.[70]
177  | -- | 186  | 186
Airbus A321neo | 15  | 551  | -- | 222  | 222  | Second largest operator of its type.[70]
91  | -- | 232  | 232
-- | 45  | 12  | 208  | 220  | Entering service on 14 November 2024.[72]
Airbus A321XLR[73] | -- | 69  | TBA | Largest order of its type.[74]
Deliveries from 2025.[75]
Airbus A350-900 | -- | 30  | Order with 70 options.[76]
Deliveries from 2027.[76]
ATR 72-600 | 45  | 5  | -- | 78  | 78  |
IndiGo Cargo fleet
Airbus A321-200/P2F | 3  | 1  | Cargo | [77]
Total  | 377  | 954  |

## Services

[edit]

An IndiGo in-flight snack of biscuits supplied in a souvenir biscuit tin

Being a low-cost carrier, IndiGo offers only economy class seating. To keep fares low, IndiGo does not provide complimentary meals in any of its flights. While it has a buy-on board in-flight meal programme, no hot meals are available as, to minimise costs, IndiGo aircraft are not equipped with ovens.[78][failed verification] However, hot drinks and instant meals prepared with hot water like instant noodles, upma and poha are available.[79] No in-flight entertainment is available and Hello 6E is the in-flight magazine published by IndiGo.[80] IndiGo offers premium services, where the passengers can avail additional benefits like a pre-assigned seat, multiple cancellations and priority check-in at a higher fare.[81] In September 2019, the company announced its tie up with SonyLIV, an on demand video app for providing its passengers with entertainment options in-flight and at the airport.[82]

## See also

[edit]

* List of airports in India
* Aviation in India
* List of companies of India
* Transport in India

## References

[edit]

1. ^ a b "IndiGo Leadership". IndiGo. Retrieved 1 December 2023.
2. ^ Annual Trends (PDF) (Report). 7 June 2023. Archived from the original (PDF) on 23 May 2024. Retrieved 23 May 2024.
3. ^ "Indigo FY 24 Annual Report".
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5. ^ Padnis, Anees (16 November 2013). "IndiGo gives handsome payback to promoters". Business Standard. Archived from the original on 28 March 2016. Retrieved 19 March 2016.
6. ^ "FIPB approves proposal to convert Rakesh Gangwal's IndiGo stake to NRI category". The Economic Times. 2 October 2014. Retrieved 16 March 2016.
7. ^ "IndiGo Airlines to fly soon". The Economic Times. 22 June 2005. Retrieved 16 March 2016.
8. ^ "IndiGo takes delivery of its first brand new Airbus A320 aircraft". The Hindu. 29 July 2006. Retrieved 16 February 2012.
9. ^ a b "Indigo's first flight to take-off on Aug 4". The Economic Times. 13 July 2006. Retrieved 16 March 2016.
10. ^ "IndiGo pips Air India to become No. 3 airline". The Indian Express. 21 December 2010. Archived from the original on 23 January 2011. Retrieved 16 March 2016.
11. ^ "IndiGo airline picks up 180 jets". The Economic Times. 13 January 2011. Retrieved 16 March 2016.
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13. ^ "IndiGo, SpiceJet airlines violate mandatory safety norms: DGCA". India Today. 9 January 2012. Archived from the original on 11 March 2012. Retrieved 13 July 2012.
14. ^ "IndiGo gets delivery of its 50th Airbus A320 aircraft". The Economic Times. 10 February 2012. Retrieved 16 March 2016.
15. ^ a b c d Mishra, Mihir (21 February 2012). "A tale of two airlines: Kingfisher vs IndiGo". Business Standard. Archived from the original on 29 March 2016. Retrieved 19 March 2016.
16. ^ "IndiGo flies past Jet to become largest airline". Business Standard. 18 August 2012. Archived from the original on 19 August 2012. Retrieved 18 August 2012.
17. ^ a b "IndiGo among the fastest expanding airlines globally". Business Standard. 2 January 2013. Archived from the original on 4 January 2013. Retrieved 11 January 2013.
18. ^ "IndiGo to set up regional airline to tap small towns". The Economic Times. 13 February 2013. Retrieved 14 February 2013.
19. ^ Sobhie, Brent. "Analyst Viewpoint: Asian airline industry overview" (PDF). CAPA. p. 25\. Archived from the original (PDF) on 17 April 2015. Retrieved 19 March 2016.
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21. ^ "IndiGo Airlines IPO to open on October 27, price band Rs 700-765". The Economic Times. 20 October 2015. Archived from the original on 29 October 2015. Retrieved 14 February 2013.
22. ^ S V Krishnamachari (21 November 2016). "Domestic air traffic: How IndiGo, Jet Airways, SpiceJet, Air India, Go Air, AirAsia India, Vistara performed in October". International Business Times. Archived from the original on 26 February 2017. Retrieved 30 January 2017.
23. ^ "IndiGo's Rs 3,018-crore IPO three times oversubscribed". The Economic Times. 29 October 2015. Retrieved 10 July 2020.
24. ^ "IndiGo Orders Further 300 A320neo Aircraft". One Mile at a Home. 31 October 2019. Retrieved 1 December 2023.
25. ^ Sinha, Saurabh (31 October 2019). "IndiGo gives Rs 2.4 lakh crore order for 300 A320 Neo aircraft". The Times of India. Archived from the original on 10 December 2020. Retrieved 1 December 2023.
26. ^ "IndiGo becomes 1st Indian carrier to operate 1,500 daily flights". Livemint. 18 December 2019. Retrieved 1 December 2023.
27. ^ "IndiGo fleet size crosses 250 planes, becomes first Indian carrier to do so". Business Standard India. Press Trust of India. 1 January 2020. Retrieved 2 January 2020.
28. ^ Dwivedi, Manas (7 January 2023). "IndiGo's fleet gets 300 aircraft strong, becomes first Indian airline to achieve the milestone". The Economic Times. Retrieved 7 August 2023.
29. ^ "IndiGo inducts its first widebody aircraft - Boeing 777 on Delhi-Istanbul route" (Press release). IndiGo. 31 January 2023. Archived from the original on 14 April 2023. Retrieved 14 April 2023.
30. ^ "Largest Aircraft Order: IndiGo Places Order For 500 Airbus Neo Family Planes". News18. 19 June 2023. Retrieved 19 June 2023.
31. ^ November 2023 Domestic Traffic Reports (PDF) (Report). Directorate General of Civil Aviation. p. 3. Retrieved 1 December 2023.
32. ^ Sharma, Sukalp (18 December 2023). "IndiGo becomes first Indian airline to touch 100 million passengers in a year". The Indian Express. Retrieved 30 December 2023.
33. ^ "Contact us". IndiGo. Archived from the original on 7 May 2020. Retrieved 1 September 2017.
34. ^ "InterGlobe Aviation Limited Share Price". National Stock Exchange of India. 4 May 2023. Retrieved 4 May 2023.
35. ^ "IndiGo Experience". IndiGo. Archived from the original on 4 April 2016. Retrieved 19 March 2016.
36. ^ "The man behind IndiGo's amazing success". Rediff. 8 February 2011. Retrieved 19 March 2016.
37. ^ a b Saxton, Aditi (17 February 2011). "The IndiGo brand story". CNN. Retrieved 19 March 2016.
38. ^ IndiGo Annual Report 2016 (PDF) (Report). IndiGo. Retrieved 21 September 2023.
39. ^ IndiGo Annual Report 2017 (PDF) (Report). IndiGo. Retrieved 21 September 2023.
40. ^ IndiGo Annual Report 2018 (PDF) (Report). IndiGo. Retrieved 21 September 2023.
41. ^ IndiGo Annual Report 2018-19 (PDF) (Report). IndiGo. Retrieved 21 September 2023.
42. ^ IndiGo Annual Report 2019-20 (PDF) (Report). IndiGo. Retrieved 21 September 2023.
43. ^ IndiGo Annual Report 2020-21 (PDF) (Report). IndiGo. Retrieved 21 September 2023.
44. ^ IndiGo Annual Report 2021-22 (PDF) (Report). IndiGo. Retrieved 21 September 2023.
45. ^ IndiGo Annual Report 2022-23 (PDF) (Report). IndiGo. Retrieved 21 September 2023.
46. ^ a b Mehta, Vivan (24 June 2012). "Soaring above the rest". Business Today. Retrieved 19 March 2016.
47. ^ The Indian Express, The Indian Express (28 July 2023). "DGCA imposes Rs 30 lakh fine on IndiGo". The Indian Express. Retrieved 21 November 2023.
48. ^ IndiGo: passenger traffic 2023. Statista (Report). Retrieved 21 September 2023.
49. ^ "IndiGo slashes carbon emissions by 20% in FY23 through sustainable measures". The Hindu. 30 July 2023. Retrieved 21 September 2023.
50. ^ "Route map IndiGo". Flight Connections. 21 September 2023. Retrieved 1 December 2023.
51. ^ Sinha, Saurabh (17 November 2023). "IndiGo becomes 1st desi airline to have over 2,000 planned flights daily". The Times of India. Retrieved 17 November 2023.
52. ^ "IndiGo is back with a bang, looking to start flights to many international destinations: CEO Pieter Elbers". The Economic Times. 17 February 2023. ISSN 0013-0389. Retrieved 3 July 2023.
53. ^ "Jaffna Joins IndiGo's Global Network as its 34th International Destination with Direct Flights from Chennai". IndiGo (Press release). 1 August 2024. Retrieved 1 September 2024.
54. ^ "Profile on IndiGo". CAPA. Archived from the original on 17 March 2016. Retrieved 19 March 2016.
55. ^ "IndiGo adds to Bengaluru base". Anna.aero. 16 February 2016. Archived from the original on 9 April 2016. Retrieved 3 June 2016.
56. ^ a b c "IndiGo commences seventh route to Dubai". Anna.aero. 17 December 2014. Archived from the original on 19 September 2016. Retrieved 3 June 2016.
57. ^ "IndiGo starts new domestic route from Hyderabad". Anna.aero. 6 August 2014. Archived from the original on 19 September 2016. Retrieved 3 June 2016.
58. ^ "IndiGo starting Kochi-Kuwait flights". IndiGo. Archived from the original on 19 January 2022. Retrieved 9 March 2021.
59. ^ "IndiGo Airlines to fly to Dubai, Bangkok, Singapore from September". The Economic Times. New Delhi. 14 June 2011. Retrieved 22 February 2012.
60. ^ Hashim, Firdaus (2 September 2011). "IndiGo launches its first international flight". FlightGlobal. Singapore. Archived from the original on 1 June 2018.
61. ^ Kumar, Vinay (14 June 2011). "IndiGo to launch international flights from Sept. 1". The Hindu. Retrieved 22 February 2012.
62. ^ a b Hannah Brandler (26 December 2021). "Air France-KLM signs codeshare agreement with Indigo Airlines". Business Traveller. London: Perry Publications.
63. ^ "India nonstops on the way, American Airlines codeshares with IndiGo for India connections". The Times of India. 28 September 2021. Retrieved 28 September 2021.
64. ^ "British Airways signs new codeshare with IndiGo". Business Traveller. Retrieved 25 September 2023.
65. ^ "Qantas and Jetstar expand Sydney gateway with new direct flights to India and Korea". Qantas. 8 April 2022. Retrieved 8 April 2022.
66. ^ "Qatar Airways and IndiGo Sign Codeshare Agreement" (Press release). Qatar Airways. 7 November 2019. Retrieved 1 December 2023.
67. ^ Hofmann, Kurt (4 January 2019). "India's IndiGo, Turkish Airlines agree to codeshare". Air Transport World. Archived from the original on 8 January 2019.
68. ^ "Virgin Atlantic IndiGo codeshare agreement" (Press release). Virgin Atlantic. 1 September 2022. Retrieved 1 December 2023.
69. ^ "Seat map and Aircraft information". IndiGo. Retrieved 10 September 2024.
70. ^ a b c Airbus Orders & Deliveries till August 2024 (Report). Airbus. Retrieved 10 September 2024.
71. ^ "IndiGo to phase out 120 A320 ceos in 2 years; working with partners for better prices". The Economic Times. 2 June 2020. Retrieved 5 June 2020.
72. ^ "IndiGo Stretch: New IndiGo Business Class". One Mile At A Time. Retrieved 5 August 2024.
73. ^ "India's IndiGo orders an additional ten A320Ns". ch-aviation. 6 September 2023. Retrieved 20 September 2023.
74. ^ "Airbus defers A321neo(XLR) service entry to 2024". Ch-aviation. 11 May 2022. Retrieved 19 November 2022.
75. ^ "India's IndiGo eyes Amsterdam with A321neo(XLR)s". Ch-aviation. 8 September 2023. Retrieved 20 September 2023.
76. ^ a b "IndiGo enters wide-body space by placing order for 30 Airbus A350-900 aircraft". Moneycontrol. Retrieved 25 April 2024.
77. ^ "IndiGo cargo inducts the first A321 P2F freighter" (Press release). IndiGo. 4 October 2023. Retrieved 31 October 2023.
78. ^ "India's largest airline is flying high". The Economist. Retrieved 26 August 2024.
79. ^ "6E Eats" (PDF). IndiGo. Retrieved 26 August 2024.
80. ^ "Coffee with 6E". Mint. 26 October 2015. Retrieved 19 March 2016.
81. ^ "IndiGo 6E Plus". IndiGo. Archived from the original on 26 November 2015. Retrieved 13 March 2016.
82. ^ "IndiGo ties up with Sony to offer entertainment content to flyers". The Times of India. 5 September 2019. Retrieved 5 September 2019.

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* Sun TV
* Supreme Industries
* Suzlon
* Syngene
* Tata Chemicals
* Tata Communications
* Tata Technologies
* Torrent Power
* Tube Investments
* Union Bank
* UPL
* Vodafone Idea
* Voltas
* Yes Bank
* Zee Entertainment

Portals:

* India
* Companies
* Aviation

*[C]: IndiGo Stretch
*[Y]: Economy
*[TBA]: To Be Announced
*[Cargo]: No seats, cargo configuration
*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template