INDIGO have passenger load factor PAX of 87% and over 14 million passengers flown this year.
IndiGo is being valued at over ₹25,000 crore or more now, which is nearly four times the combined market cap of SpiceJet and Jet Airways.
IndiGo stuck to ordering a single type of aircraft. The mother of all low-cost carriers — Southwest Airlines of the US — pioneered this practice by buying only Boeing 737 in large numbers at a discount. IndiGo has followed the same strategy. It placed a 100-aircraft order, all of them Airbus 320. Consequently, it saves millions in maintenance costs, spare parts inventories and pilot, crew and mechanical training. This gives the airline the unique flexibility of being able to deploy its existing fleet of 96 aircraft throughout the route network, replace them in no time and deploy pilots and crew anywhere without costly disruptions and reconfigurations.
IndiGo enjoys best in class operating margin in the industry,
thanks to lower running costs
IndiGo’s rise to the top came amid a weak competition and a spate of failed mergers
Among all the domestic players, Indigo has placed a record order for fuel-efficient aircraft