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IndiGo to add 10 more international destinations in the next year: Pieter Elbers - BusinessToday
Business Today
·
3m ago
Medial
IndiGo plans to expand significantly by adding 10 new international destinations over the next year, including London, Athens, Copenhagen, and Siem Reap, with long-haul flights to Manchester and Amsterdam from Mumbai. The airline will also reactivate routes to Almaty and Tashkent, and increase capacity to Tbilisi. Additionally, four more Central Asian destinations and new Southeast Asian routes are slated. Domestically, IndiGo aims to add four new destinations, including Noida and Navi Mumbai.
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India Has 'Fair and Balanced' Approach on Bilateral Flying Rights: IndiGo CEO
OutlookIndia
·
3m ago
Medial
IndiGo CEO Pieter Elbers stated that India maintains a fair and balanced approach regarding bilateral flying rights amidst foreign carriers seeking more access. While some foreign airlines push for increased operations in India, Elbers emphasized that agreements must benefit both parties. He explained that India prioritizes utilizing existing traffic rights before negotiating new ones, a policy he views as equitable. This stance comes as Indian airlines like IndiGo and Air India expand their international reach.
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IndiGo's growth plans stay firm despite tariff tremors, says CEO Pieter Elbers
Business Today
·
4m ago
Medial
IndiGo CEO Pieter Elbers acknowledged the duopoly in India’s aviation sector, seeing Tata as a key competitor, and supports market consolidation for global competition. IndiGo plans to expand via Navi Mumbai airport and maintains operations at existing airports, contributing to job creation with over 60,000 employees. Elbers emphasized IndiGo's commitment to growth despite competitive pressures and tariff challenges in the aviation industry.
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IndiGo says delivery of Airbus A350-900 aircraft will start in 2027
Livemint
·
1y ago
Medial
IndiGo CEO, Pieter Elbers, has announced that delivery of the ordered Airbus A350-900 aircraft will begin in 2027. The airline has placed an order for 30 A350-900 planes with the option to purchase an additional 70. The wide-body planes, powered by Rolls Royce's Trent XWB engine, will allow IndiGo to expand its international routes and connect to the world from various Indian cities. The pricing of the aircraft has not been disclosed.
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Indigo's Foreign Flex
Business Today
·
4m ago
Medial
In the latest Business Today Magazine issue, a high-stakes rivalry unfolds between IndiGo's evolving hybrid model and Air India's full-service approach. Under CEO Pieter Elbers, IndiGo, once a domestic low-cost carrier, is expanding internationally, challenging Air India's long-haul market dominance. By connecting smaller Indian cities and exploring international routes, IndiGo aims to adapt its low-cost model for premium travel, highlighting its ambitious global strategy amidst India's booming aviation growth.
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India’s biggest airline sees capacity growth slowing next year
Money Control
·
1y ago
Medial
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.
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IndiGo’s new business class ’Indigo Stretch’ to take off in November; Delhi-Mumbai fares start at ₹18,018 | Mint
Livemint
·
1y ago
Medial
IndiGo has announced the introduction of its business class product, #IndiGoStretch, on the Delhi-Mumbai route. Bookings will be available starting from August 6 for travel beginning on November 14. This move marks a significant shift for the low-cost carrier, as it ventures into the premium services segment. The CEO of IndiGo, Pieter Elbers, also revealed plans to launch a customer loyalty program called 'IndiGo BluChip'. IndiGo will be offering business class seats on 12 domestic routes, targeting busy and business-oriented routes. Other airlines in India currently offering business-class seats include Air India, Air India Express, and Vistara.
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IndiGo announces confirmation of additional 30 firm orders for A350 from Airbus - BusinessToday
Business Today
·
3m ago
Medial
IndiGo's CEO, Pieter Elbers, announced on June 1 the confirmation of an additional 30 firm orders for the A350 aircraft from Airbus. This move comes as part of an agreement formalized through a Memorandum of Understanding (MoU) signed in New Delhi. The order signifies IndiGo's strategic expansion plans, strengthening its fleet with Airbus' advanced A350 jets, which are expected to enhance the airline’s capacity and operational capabilities in the coming years.
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IndiGo to develop multiple hubs for non-stop flights to int'l destinations
Livemint
·
1y ago
Medial
IndiGo, India's largest domestic airline, has placed an order for 30 Airbus A350 and Airbus A321 XLR aircraft as it aims to develop multiple hubs in the country. These wide-body planes will allow IndiGo to provide direct connectivity to faraway destinations from different metro cities. The A321 XLR planes will be used for non-stop, 7-8 hour flights to Europe and the Far East countries. With this order, IndiGo joins Air India and Vistara as the only Indian carriers in the wide-body segment. The airline aims to increase its seat capacity on international routes and become a global aviation hub.
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IndiGo Ventures makes first close of debut fund at Rs 450 Cr, invests in Jeh Aerospace
Entrackr
·
2m ago
Medial
IndiGo Ventures makes first close of debut fund at Rs 450 Cr, invests in Jeh Aerospace IndiGo Ventures, the corporate venture capital arm of airline company IndiGo, announced the first close of its maiden fund at Rs 450 crore. Launched in August 2024 with regulatory approval from SEBI to raise Rs 600 crore, the fund focuses on investing in early-stage startups driving innovation in aviation and allied sectors. It targets companies at the pre-Series A to Series B stages, emphasizing long-term strategic alignment. With the first close completed, the firm approved an investment in Jeh Aerospace, a company operating in aerospace and defense manufacturing, for an undisclosed amount. This step is part of IndiGo’s innovation agenda, which combines operational expertise with capital to support entrepreneurs addressing challenges in aerospace and related domains. “This investment also strengthens the Indo-U.S. aerospace ties, advances Make-in-India and accelerates innovation, contributing to realising India’s potential to become a global aerospace and aviation hub,” said Pieter Elbers, chief executive officer at IndiGo. Jeh Aerospace will use the investment to scale its digital manufacturing infrastructure, enhance its AI-driven production optimization and supply chain integration platforms, and attract engineering and production talent. Founded by industry veterans Vishal Sanghavi and Venkatesh Mudragalla, Jeh Aerospace provides manufacturing, engineering, and supply chain management solutions to the global aerospace and defense industry. Within its first year of operations, Jeh Aerospace has scaled to a 100-member team of engineers and technicians, delivered 100,000 flight-critical aeroengine components and precision tools meeting AS9100 standards, and secured $100 million in long-term contracts with global aerospace companies. In January last year, the Hyderabad-based startup raised $2.75 million in a seed funding round led by General Catalyst, along with participation from angel investors like Pratyush Kumar and Dwarkanath Srinivas.
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IndiGo makes long-haul foray, orders 30 wide-body aircraft
Livemint
·
1y ago
Medial
IndiGo, India's largest airline, has placed an order for 30 Airbus A350-900 wide-body aircraft. This move marks the airline's entry into the long-haul market. IndiGo will join the ranks of Air India and Vistara as a player in the wide-body category and aims to expand its international operations. The government has been encouraging Indian airlines to order wide-body aircraft to establish direct connections with destinations in Europe and the Americas, reducing reliance on foreign airlines and their hubs in the Middle East and Southeast Asia.
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