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.
Denne historien er fra March 23, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra March 23, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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