IndiGo is embarking on the next level of growth and cost leadership is crucial for the airline, its CEO Pieter Elbers said on Monday.
Currently, IndiGo operates around 1,800 daily flights and has a fleet of more than 300 aircraft.
"We are embarking on the next level of growth," Pieter Elbers said at a session of CAPA India aviation summit in the national capital.
He noted that the V-shaped recovery of the country's aviation sector has been a part of learning.
After being significantly hit by the coronavirus pandemic, the aviation sector is on a strong recovery path and the domestic air traffic has almost touched the pre-pandemic levels.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Noting that affordable fares are important, Pieter Elbers said maintaining cost leadership is crucial.
The low cost carrier is the country's largest airline with a market share of more than 55 per cent. Responding to a query, Elbers said Indian aviation will move towards more sustainable finance, adding that there is more stability in the market.
The airline is focusing on internationalisation of operations. It plans to start flights to Nairobi, Jakarta and some central Asian destinations.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.