INDIGO, THE COUNTRY'S LARGEST airline, is expecting growth in aircraft addition to its fleet to be lower in FY25 as compared to FY24, reckoning more than one aircraft inclusion every week.
The low-cost carrier, with a market share of more than 60% of the domestic market, said in a presentation on Friday that the growth in capacity for FY25 is expected to be in 'early double digits' For FY24 this guidance was 'north of mid-teens'.
In February 2024, IndiGo said that it was expecting around 12% capacity growth in the March quarter on a year-over-year basis. With that, IndiGo will be exceeding its original guidance for FY24 to deliver a growth of more than 20% as compared to FY23.
Diese Geschichte stammt aus der March 23, 2024-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 23, 2024-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Top IITs see a drop in campus placements
More students likely getting jobs independently
ICC explores two-tier Test cricket system
ICC chief Jay Shah will meet Cricket Australia chair Mike Baird and his England counterpart Richard Thompson to discuss the finer points
US set to lift curbs on Indian nuclear entities
Eyeing Deeper Energy Ties
Eight jawans among 9 killed in Naxal attack
VEHICLE BLAST IN CHHATTISGARH
Cautious outlook for auto companies in Q3
No segment shows growth except tractors
SBI Cards: Credit costs to improve
Management strengthens risk assessment measures
Banks: Slower loan growth a worry
Asset quality concerns ease
In search of a growth driver
DIFFICULT TO IDENTIFY A SECTOR THAT HAS POTENTIAL TO LIFT ECONOMY TO A HIGHER TRAJECTORY
Tesla and Waymo should learn from '24 air crashes
If you yearn for a future where you can travel from place to place in safety and comfort, some of the major transport events of 2024 might feel like a setback.
Judicial Overreach Unwarranted
High court order staying Religare Enterprises AGM risks undermining shareholder rights, regulatory authority, and market confidence
