News on Medial

India’s biggest airline sees capacity growth slowing next year

Money Control · 1y

India's largest airline, IndiGo, expects slower capacity growth in the next fiscal year, with growth slowing to the "early double digits" compared to the current year. In the last quarter, the carrier experienced a growth of almost 27% in capacity and more than 23% in the number of passengers carried. IndiGo aims to add at least one aircraft to its fleet each week next year and plans to expand to 10 new destinations by 2025. It also anticipates managing a fleet of over 600 aircraft by 2030 to accommodate the projected increase in air travel in India.