While most airlines are still figuring out the avenues to earn, move aside profit, IndiGo airlines has been quiet successful in creating history with its low-fare, short-haul strategy. Now, Indigo is planning to add 400 aircrafts to its existing fleet, and interestingly, it has received the government's nod for the same. As reported by The Economic Times, this move by India's largest carrier in terms of passengers flown may be a prelude to cross-border ventures.
Having entered the aviation market in 2006 with 100 Airbus A320s, this move of raising its fleet by 550 over a decade will be the biggest-ever fleet induction in the history of Indian aviation, reports the Economic Times.
"The current approval is to import 400 aircraft by 2025, which is over a ten-year period. They had applied for permission in December 2014 and have received in principle approvals for the same," a senior civil aviation ministry official told the ET.
30/03/15 Business Insider
Having entered the aviation market in 2006 with 100 Airbus A320s, this move of raising its fleet by 550 over a decade will be the biggest-ever fleet induction in the history of Indian aviation, reports the Economic Times.
"The current approval is to import 400 aircraft by 2025, which is over a ten-year period. They had applied for permission in December 2014 and have received in principle approvals for the same," a senior civil aviation ministry official told the ET.
30/03/15 Business Insider
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