The amazing rise of IndiGo

Mumbai: The low-cost carrier is within striking distance of Air India to become the country's third largest aviation player.
Last month, budget carrier IndiGo received the government's nod to buy 150 aircraft over the next two to three years, as it looks to fly international routes.
IndiGo, the country's biggest low-cost carrier with a market share of 16.9 per cent in July (from just 13.4 per cent in April), will complete five years of operations in August 2011, which makes it eligible to fly overseas routes.
The large order book for planes also shows how IndiGo has been playing the cost game well.
The huge orders, second only to Air India's, could be a big differentiator not only in terms of size but would also enable the LCC to extract hefty price discounts from manufacturers.
The carrier has managed to scale up fast and now has 28 aircraft (against Spicejet's 21). It is expected to take delivery of seven more by the end of this calendar year.
13/09/10 Sneha Kupekar/Rediff.com

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Categories: Indigo Airlines Sep 2010