Friday, March 20, 2020

IndiGo to cut domestic capacity by 25%

New Delhi: The demand for air travel has crashed following the coronavirus outbreak, While international flights face restrictions across countries and have been restricted in India for a week starting Sunday, demand for domestic air travel is also badly hit. IndiGo, which has almost 50% domestic market share, will reduce its domestic capacity by 25% till things improve.

All airlines will now increasingly ground their planes. Airlines have in fact sought lower parking charges for this very reason till September-October. A big airline, not IndiGo, was operating only 10 aircraft on Friday.

“IndiGo, India’s largest airline, has reduced its domestic schedule to match market demand over the next few weeks… responding to the various travel restrictions imposed worldwide, most of our international flights are suspended and additionally, given the reduction in domestic demand, we are trimming our domestic India operations by approximately 25% for now. In this fluid situation, IndiGo will continually review operations to match capacity to demand,” IndiGo said in a statement.
20/03/20 Saurabh Sinha/Times of India
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