IndiGo Airline plans to have 350 aircraft in its fleet next fiscal
No-frills airline IndiGo is expecting to fly 100-million passengers and is planning to have 350 aircraft in its fleet in the next fiscal, according to a presentation by the airline at the analysts/investors meet on Thursday.
At the same time, the airline is looking to end the current fiscal with around 306 planes in the fleet with the passenger volume estimated at over 85 million.
The number of destinations is expected to go up to 115, with around 10-15 destinations likely to be added in the network during the year, as against 104 in FY23, as per the presentation.
While demand continues to be strong in the March quarter of the ongoing fiscal, external variables such as volatility in forex and fuel, global supply chain disruption as well as inflationary cost pressures (are) impacting performance.
On the capacity side, the airline projects it to be in mid-teens compared to the estimated over 18 per cent in the current fiscal, as per the presentation.
The airline, in the presentation