The growth of the aviation market in India is vigorous and back to pre-COVID levels presenting IndiGo with the opportunity to grow and flourish both operationally and financially. In the previous quarter, robust demand on account of the peak travel season was reckoned as the reason behind the surge in their topline growth. Looking ahead, with the market forces at play and an ongoing strong travel demand trend that is only expected to grow, the airline continues to add capacity and cater to its aim of providing hassle-free services and affordable travel experiences.
IndiGo is India’s largest passenger airline with a domestic market share of 57.5 per cent (as of April 2023). The airline has deployed more capacity than in the pre-pandemic period and is now operating over 1800 daily flights versus 1600 daily flights before the pandemic. “We continue to see robust growth across the network. We have also witnessed a handsome return of demand for international destinations in the last few months and have introduced connectivity to Europe via Istanbul, through our codeshare agreement with Turkish Airlines. We will be concluding FY23 on the higher side of the range of the previously guided capacity estimates,” asserts Vinay.
This story is from the July 2023 edition of Travel Trade Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 2023 edition of Travel Trade Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
MGMC advances Business Tourism with over 1,300 attendees in Moscow
The second edition of Meet Global MICE Congress (MGMC): BRICS Edition, which took place in Moscow on December 16-17, 2024, brought together over 1,300 representatives of the business tourism industry from BRICS countries — including Russia, Brazil, India, and China — as well as nations from the Global South.
The Formosan Dream Riding Taiwan's Waves of Wonder
Although relatively small on the map, Taiwan brims with diverse experiences, including captivating street art and tea gardens to lively night markets and world-class museums. I recently accompanied a travel delegation on a journey that wove through central and northern Taiwan. The route showcased many facets that appeal to both leisure explorers and business travellers: easy transport links, top-quality hospitality, and a variety of attractions reflecting Taiwan's heritage.
Putrajaya Marriott Hotel's bold transformation reinforces its MICE and leisure appeal
In mid-November, the Putrajaya Marriott Hotel revealed its refreshed and modernised look, ushering in an exciting new chapter for this iconic property. Focused on sustainability, modern luxury, and personalised guest experiences, the hotel is set to cater to both MICE and leisure travellers in the years to come. Nikie Mok, General Manager, Putrajaya Marriott Hotel, believes this transformation represents their dedication to exceeding guest expectations and maintaining the hotel's status as the premier destination in Putrajaya for both business and leisure visitors.
Moscow unlocks new opportunities for India's MICE movement
TTJ met with Evgeny Kozlov, Chairman, Moscow City Tourism Committee, during the second edition of the Meet Global MICE Congress (MGMC): BRICS Edition in Moscow. In this insightful interview, Kozlov discusses Moscow's key attractions, the growing appeal of the city as a prime destination for both MICE and leisure tourism from India, and future initiatives. As Moscow embraces India's expanding MICE presence, the future looks promising for further collaboration and mutual growth in the tourism sector.
Yorker Holidays Services in an Overdrive
Since its inception in 2012, Yorker Holiday Services has charted an impressive course in the travel industry, evolving into a prominent B2B player with a specialised focus on cruise consolidation and Destination Management Company (DMC) services. Headquartered in New Delhi, with a network of multiple international offices and a staff strength of over 100, the company is optimistic about reaching a turnover of 150 crores in the current financial year, exhibiting a 30 per cent growth rate. Vineet Srivastava, Managing Director, Yorker Holidays Services, spoke with TTJ about their current achievements and plans for the future.
Cathay Pacific reinforces its reputation as an innovative global airline
Anand Yedery, Regional Head of Customer Travel and Lifestyle - South Asia, Middle East, and Africa at Cathay Pacific, shares insights into the airline's growth trajectory, innovative inflight offerings, expanding network in India, and its commitment to seamless connectivity.
Mandapa, A Ritz-Carlton Reserve to amplify 'Disconnect to Reconnect' programme for Indian market in 2025
Located in the cultural and spiritual heart of Ubud, Bali, Mandapa, a Ritz Carlton Reserve lies peacefully in the lush rainforests with the majestic Ayung River flowing through. This green haven invites guests on a sensory journey, blending wellness and nature in perfect harmony. Ariek Mahardika, Director of Sales and Marketing, Mandapa, a Ritz Carlton Reserve, shares the property's story, vision, and importance of the Indian market.
Rajasthan Tourism on a transformative path to global recognition under Minister Diya Kumari
Ravi Jain, Secretary of Tourism Rajasthan, shares insights into the remarkable evolution of the state's tourism sector under the leadership of Deputy Chief Minister Diya Kumari. With a focus on innovation, heritage preservation, and sustainable tourism, Rajasthan is poised to become a global leader in the industry. From major international events like the IIFA Awards 2025 to significant infrastructure investments, Rajasthan is redefining its tourism landscape.
FROM BREAKTHROUGH TO BOOM India's Outbound Travel Set to Soar Higher in 2025
As we step into 2025, the Indian travel industry reflects on a transformative year. In the past year, India emerged as a global powerhouse in outbound travel, with the world eager to tap into its potential. Driven by innovation, adaptability, and shifting preferences, the industry saw unprecedented growth. With anticipation building for the year ahead, TTJ presents insights and predictions from outbound stakeholders and decision-makers, offering a glimpse into India's exciting future in global travel.
Epic discoveries on the ancient Silk Route Unveiling Uzbekistan's timeless legacy
In November 2024, Uzbekistan Airways took us, an exclusive group of B2B travel media from Mumbai, on an unforgettable familiarisation trip to Uzbekistan in collaboration with AsiaLuxe Travel Uzbekistan and Arya Enterprises, Delhi. Every moment felt like a journey through time as we explored cities like Tashkent, Khiva, Bukhara, and Samarkand. What was truly remarkable was being at the heart of the ancient Silk Road, with each destination a gem to marvel at.
