New Delhi: After SpiceJet and AirAsia, India’s largest airline IndiGo is now eyeing the regional commercial aviation market of tier II and III cities, for which a new subsidiary and smaller aircraft might also be considered. Rahul Bhatia, group MD of InterGlobe Enterprises, which operates IndiGo, said the market for regional connectivity is under- served and very lucrative but it will take the company some time to firm up plans.
“Clearly there is a market. If you ask me are we interested, then probably yes, but it is not immediate. We haven’t decided on the details yet, like if we need a new subsidiary. I will wait for the elections before I look for any further expansion of the group business. There is a market for smaller aircraft, so we can establish regional connectivity. Whether IndiGo chooses to participate or not is a different story. We can support these markets with our A320s itself,” Bhatia said.
24/11/13 Financial Express
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“Clearly there is a market. If you ask me are we interested, then probably yes, but it is not immediate. We haven’t decided on the details yet, like if we need a new subsidiary. I will wait for the elections before I look for any further expansion of the group business. There is a market for smaller aircraft, so we can establish regional connectivity. Whether IndiGo chooses to participate or not is a different story. We can support these markets with our A320s itself,” Bhatia said.
24/11/13 Financial Express
