IndiGo

IndiGo
IATA ICAO Callsign
6E IGO IFLY
Founded 2005
Commenced operations 4 August 2006 (2006-08-04)
Operating bases
    Hubs Indira Gandhi International Airport (Delhi)
    Fleet size 191
    Destinations 52
    Parent company Interglobe Aviation Ltd[1]
    Traded as BSE: 539448
    NSE: INDIGO
    Headquarters Gurgaon, India[2]
    Key people Rakesh Gangwal, Co-Founder
    Rahul Bhatia, Co-Founder and MD
    Aditya Ghosh, President
    Revenue Increase ₹239.68 billion (US$3.3 billion) (FY 2017–18)[3]
    Net income Increase ₹22.43 billion (US$310 million) (FY 2017–18)[3]
    Total assets Increase ₹211 billion (US$2.9 billion) (FY 2017–18)[3]
    Total equity Increase ₹70.77 billion (US$990 million) (FY 2017–18)[3]
    Employees 14,604 (March 2017)[4]:28
    Website www.goindigo.in

    IndiGo is a low-cost airline headquartered at Gurgaon, Haryana, India. It is the largest airline in India by passengers carried and fleet size, with a 41.3% domestic market share as of June 2018.[5] It is also the largest individual Asian low-cost carrier in terms of jet fleet size and passengers carried, and the seventh largest carrier in Asia with over 46 million passengers carried in 2017. The airline operates to 52 destinations both domestic and international. It has its primary hub at Indira Gandhi International Airport, Delhi.[6]

    The airline was founded as a private company by Rahul Bhatia of InterGlobe Enterprises and Rakesh Gangwal, a United States-based expatriate Indian in 2006. It took delivery of its first aircraft in July 2006 and commenced operations a month later. The airline became the largest Indian carrier in passenger market share in 2012. The company went public in November 2015.[7]

    History

    IndiGo was founded in 2006 as a private company by Rahul Bhatia of InterGlobe Enterprises and Rakesh Gangwal, a United States-based NRI.[8] InterGlobe had a 51.12% stake in IndiGo and 47.88% was held by Gangwal's Virginia-based company Caelum Investments.[9][10] IndiGo placed a firm order for 100 Airbus A320-200 aircraft in June 2005 with plans to begin operations in mid-2006.[11] IndiGo took delivery of its first aircraft on 28 July 2006, nearly a year after placing the order.[12] It commenced operations on 4 August 2006 with a service from New Delhi to Imphal via Guwahati.[13] By the end of 2006, the airline had six aircraft and nine more aircraft were acquired in 2007.[13] In December 2010, IndiGo replaced state-run carrier Air India as the third largest airline in India, behind Kingfisher Airlines and Jet Airways with a passenger market share of 17.3%.[14]

    In 2011, IndiGo placed an order for 180 Airbus A320 aircraft in a deal worth US$15 billion.[15] In January 2011, after completing five years of operations, the airline got permission to launch international flights.[16] In December 2011, the DGCA expressed reservations that the rapid expansion could impact passenger safety.[17]

    In February 2012, IndiGo took delivery of its 50th aircraft, less than six years after it began operations.[18] For the quarter ending March 2012, IndiGo was the most profitable airline in India and became the second largest airline in India in terms of passenger market share.[19] On 17 August 2012, IndiGo became the largest airline in India in terms of market share surpassing Jet Airways, six years after commencing operations.[20]

    In January 2013, IndiGo was the second-fastest-growing low-cost carrier in Asia behind Indonesian airline Lion Air.[21] In February 2013, following the announcement of the civil aviation ministry that it would allow IndiGo to take delivery of only five aircraft that year, the airline planned to introduce low-cost regional flights by setting up a subsidiary. Later, IndiGo announced that it planned to seek permission from the ministry to acquire four more aircraft, therefore taking delivery of nine aircraft in 2013.[22] As of March 2014, IndiGo is the second-largest low-cost carrier in Asia in terms of seats flown.[23]

    In August 2015, IndiGo placed an order of 250 Airbus A320neo aircraft worth $27 billion, making it the largest single order ever in Airbus history.[24] IndiGo announced a ₹32 billion (US$450 million) initial public offering on 19 October 2015 which opened on 27 October 2015.[25][26]

    Corporate affairs and identity

    IndiGo uses as an Indigo-sky blue livery as seen on the Airbus A320 aircraft

    IndiGo is headquartered in Gurgaon, India.[2]

    Logo and livery

    Twenty dots arranged in the shape of an aircraft serves as the logo of the airline.[27] The airline uses a two tone blue livery on a white background with the belly of the aircraft painted in Indigo with the logo in white.[28] The flight attendants wear a single-piece navy-blue tunic with a cap and a thin indigo belt designed by fashion designer Rajesh Pratap Singh and make-up artist Ambika Pillai.[29] The airline has the tagline on-time focusing on punctuality.[29]

    Destinations

    As of June 2018, IndiGo operates more than 1000 daily flights to 52[30] destinations, 44 in India and 8 abroad.[31][32][33][34] Its main base is located at Delhi,[35] with additional bases at Bangalore,[36] Chennai,[37] Hyderabad,[38] Kolkata,[37] Mumbai,[37] Jaipur and Ahmedabad.[39] In January 2011, IndiGo received a license to operate international flights after completing five years of operations.[40] IndiGo's first international service was launched between New Delhi and Dubai on 1 September 2011.[41]

    Fleet

    IndiGo Airbus A320neo

    As of October 2018, IndiGo operates the following aircraft:[42]

    IndiGo fleet
    Aircraft In Service[43] Orders Passengers[44] Notes
    Airbus A320-200 127 — 180
    Airbus A320neo 52 353 180
    186
    Airbus A321neo — 25[42] TBA Delivery starting from 2019[45]
    ATR 72-600 12 38[46] 74[47] 20 to be delivered by December 2018[48]
    Total 191 416  

    Fleet developments

    IndiGo placed an order for 100 Airbus A320-200 aircraft worth US$6 billion in June 2005 during the Paris Air Show with plans to commence operations in mid-2006.[11][49][50] The airline received its first A320 in July 2006 and planned to induct 100 aircraft by 2015–2016.[51] IndiGo signed a memorandum of understanding for an additional 180 Airbus A320 aircraft including 150 with the New Engine Option (NEO) worth US$15 billion on 11 January 2011. In 2012, the airline took delivery of its 50th aircraft[18] and the 100th aircraft was delivered on 4 November 2014, completing its initial order ahead of schedule.[52]

    The Airbus A320neo family aircraft ordered in 2011 were to be delivered starting 2015.[53] However, due to a delay in the production and delivery of these aircraft, IndiGo dry-leased a total of 22 used aircraft to cope with the demand.[54] On 15 October 2014, IndiGo expressed its intention to order a further 250 A320neo aircraft worth US$25.7 billion at list prices.[55] On 15 August 2015, IndiGo confirmed the order for 250 A320neo aircraft for $26.5 billion. The order also provides IndiGo the flexibility to convert some A320neos to A321neos that can seat more passengers and fly on longer routes.[56] The order of 250 jets was Airbus' single largest order by number of aircraft.[57] IndiGo received the first A320neo in March 2016.[58][59]

    IndiGo took delivery of its first ATR 72-600 in November 2017.[60]

    Services

    Being a low-cost carrier, IndiGo offers only economy class seating. To keep fares low, IndiGo does not provide complimentary meals in any of its flights, though it does have a buy-on board in-flight meal programme.[61] No in-flight entertainment is available. Hello 6E, the in-flight magazine published by IndiGo, is available for passengers to read.[62] IndiGo offers premium services, where the passengers can avail additional benefits like a pre-assigned seat, multiple cancellations and priority check-in at a higher fare.[63]

    Awards and achievements

    IndiGo has won the following awards:

    • Best low-cost carrier by the Airline Passengers Association of India (2007)[64]
    • Best low-cost carrier at the Galileo Express Travel Awards (2008)[64]
    • Best low cost airline by CNBC Awaaz (2009, 2013)[64]
    • Best low-cost carrier in C Asia/ India by SKYTRAX (2012, 2013, 2014, 2015, 2016)[64]
    • Best LCC Aviation award for excellence by Centre for Asia Pacific Aviation (2015)[65]

    See also

    References

    1. ↑ "DGCA airline operator list". dgca.nic.in. Archived from the original on 1 January 2018. Retrieved 21 October 2017.
    2. 1 2 "Contact us, IndiGo". IndiGo. Archived from the original on 13 June 2016. Retrieved 19 March 2016.
    3. 1 2 3 4 "IndiGo reports record profit after tax of INR 22,423.74 million for fiscal 2018" (PDF). Gurgaon: InterGlobe Aviation Ltd. 2 May 2018. Archived from the original (PDF) on 5 June 2018.
    4. ↑ "IndiGo Annual Report 2017" (PDF). IndiGo. 6 March 2017. Archived from the original (PDF) on 5 June 2018.
    5. ↑ "OPERATOR". dgca.nic.in. Archived from the original on 1 January 2018. Retrieved 17 February 2018.
    6. ↑ Chowdhury, Anirban (13 February 2018). "Wolfgang Prock-Schauer's latest assignment: Taking IndiGo on a long haul". The Economic Times. Archived from the original on 18 February 2018. Retrieved 17 February 2018.
    7. ↑ "IndiGo listed on stock exchange, soars 15 per cent". The Indian Express. 10 November 2015. Archived from the original on 17 February 2018. Retrieved 17 February 2018.
    8. ↑ "Owner of India's biggest airline files for IPO". CNBC. 30 June 2015. Archived from the original on 29 March 2016. Retrieved 16 March 2016.
    9. ↑ Padnis, Anees (16 November 2013). "IndiGo gives handsome payback to promoters". Business Standard. Archived from the original on 28 March 2016. Retrieved 19 March 2016.
    10. ↑ "FIPB approves proposal to convert Rakesh Gangwal's IndiGo stake to NRI category". The Economic Times. 2 October 2014. Retrieved 16 March 2016.
    11. 1 2 "IndiGo Airlines to fly soon". The Economic Times. 22 June 2005. Retrieved 16 March 2016.
    12. ↑ "IndiGo takes delivery of its first brand new Airbus A320 aircraft". The Hindu. 29 July 2006. Archived from the original on 29 July 2006. Retrieved 16 February 2012.
    13. 1 2 "Indigo's first flight to take-off on Aug 4". The Economic Times. 13 July 2006. Retrieved 16 March 2016.
    14. ↑ "IndiGo pips Air India to become No. 3 airline". The Indian Express. 21 December 2010. Archived from the original on 23 January 2011. Retrieved 16 March 2016.
    15. ↑ "IndiGo airline picks up 180 jets". The Economic Times. 13 January 2011. Retrieved 16 March 2016.
    16. ↑ "IndiGo gets govt nod to launch international operations". Rediff. 11 January 2011. Archived from the original on 22 April 2016. Retrieved 13 March 2016.
    17. ↑ "IndiGo, SpiceJet airlines violate mandatory safety norms: DGCA". India Today. 9 January 2012. Archived from the original on 11 March 2012. Retrieved 13 July 2012.
    18. 1 2 "IndiGo gets delivery of its 50th Airbus A-320 aircraft". The Economic Times. 10 February 2012. Retrieved 16 March 2016.
    19. ↑ Mishra, Mihir (21 February 2012). "A tale of two airlines: Kingfisher vs IndiGo". Business Standard. Archived from the original on 29 March 2016. Retrieved 19 March 2016.
    20. ↑ "IndiGo flies past Jet to become largest airline". Business Standard. 18 August 2012. Archived from the original on 19 August 2012. Retrieved 18 August 2012.
    21. ↑ "IndiGo among the fastest expanding airlines globally". Business Standard. 2 January 2013. Archived from the original on 4 January 2013. Retrieved 11 January 2013.
    22. ↑ "IndiGo to set up regional airline to tap small towns". The Economic Times. 13 February 2013. Retrieved 14 February 2013.
    23. ↑ Sobhie, Brent. "Analyst Viewpoint: Asian airline industry overview" (PDF). CAPA: 25. Archived from the original (PDF) on 17 April 2015. Retrieved 19 March 2016.
    24. ↑ "IndiGo orders 250 planes". The Times of India. 18 August 2015. Archived from the original on 28 March 2016. Retrieved 19 March 2016.
    25. ↑ "IndiGo Airlines IPO to open on October 27, price band Rs 700-765". The Economic Times. 20 October 2015. Archived from the original on 29 October 2015. Retrieved 14 February 2013.
    26. ↑ S V Krishnamachari (21 November 2016). "Domestic air traffic: How IndiGo, Jet Airways, SpiceJet, Air India, Go Air, AirAsia India, Vistara performed in October". International Business Times. Archived from the original on 26 February 2017. Retrieved 30 January 2017.
    27. ↑ "IndiGo Experience". IndiGo. Archived from the original on 4 April 2016. Retrieved 19 March 2016.
    28. ↑ "The man behind IndiGo's amazing success". Rediff. 8 February 2011. Archived from the original on 30 March 2016. Retrieved 19 March 2016.
    29. 1 2 Saxton, Aditi (17 February 2011). "The IndiGo brand story". CNN. Archived from the original on 29 March 2016. Retrieved 19 March 2016.
    30. ↑ "Indigo Website". Archived from the original on 14 April 2018.
    31. ↑ "Airlines to operate 14,869 flights per week in summer schedule". The Economic Times. 18 March 2016. Archived from the original on 21 August 2016. Retrieved 19 March 2016.
    32. ↑ "IndiGo adds 8 new daily flights". DNA. 27 January 2016. Archived from the original on 31 January 2016. Retrieved 4 March 2016.
    33. ↑ "IndiGo soars above Jet Airways, Air India". Mint. 23 June 2015. Archived from the original on 1 July 2015. Retrieved 27 June 2015.
    34. ↑ "IndiGo commences Colombo operations". United News of India. 20 January 2018. Archived from the original on 28 January 2018.
    35. ↑ "Profile on IndiGo". CAPA. Archived from the original on 17 March 2016. Retrieved 19 March 2016.
    36. ↑ "IndiGo adds to Bengaluru base". Anna.aero. 16 February 2016. Archived from the original on 9 April 2016. Retrieved 3 June 2016.
    37. 1 2 3 "IndiGo commences seventh route to Dubai". Anna.aero. 17 December 2014. Archived from the original on 19 September 2016. Retrieved 3 June 2016.
    38. ↑ "IndiGo starts new domestic route from Hyderabad". Anna.aero. 6 August 2014. Archived from the original on 19 September 2016. Retrieved 3 June 2016.
    39. ↑ Nair, Aparna (8 July 2014). "IndiGo to park four planes at Nagpur airport". The Times of India. Archived from the original on 8 November 2016. Retrieved 3 June 2016.
    40. ↑ "IndiGo Airlines to fly to Dubai, Bangkok, Singapore from September". The Economic Times. New Delhi. 14 June 2011. Retrieved 22 February 2012.
    41. ↑ Hashim, Firdaus (2 September 2011). "IndiGo launches its first international flight". Flightglobal. Singapore. Archived from the original on 1 June 2018.
    42. 1 2 "Airbus Orders and deliveries". Airbus. March 2018. Archived from the original on 9 April 2018.
    43. ↑ "IndiGo Facts and Figures". Archived from the original on 14 April 2018.
    44. ↑ "Aircraft and Routes". IndiGo.
    45. ↑ Jain, Hitisha (23 September 2016). "Will upgrading to A321 neo help IndiGo post better Q2FY17 numbers? | Zee Business". Zeebiz.com. Archived from the original on 27 January 2018. Retrieved 27 January 2018.
    46. ↑ "IndiGo selects the ATR 72-600 for its ambitious plans to enter regional market". Retrieved 3 October 2018.
    47. ↑ Shukla, Tarun (4 October 2017). "IndiGo said to get DGCA nod for modified regional planes". Live Mint. Archived from the original on 7 October 2017. Retrieved 6 October 2017.
    48. ↑ Indigo Financial Results (PDF) (Report). IndiGo. Archived (PDF) from the original on 26 October 2017. Retrieved 10 July 2017.
    49. ↑ "Airbus wins $6bn order from India". BBC News. 16 June 2005. Archived from the original on 3 July 2012. Retrieved 30 August 2010.
    50. ↑ "Airbus Orders and Deliveries". Airbus. Archived from the original on 3 July 2012. Retrieved 30 August 2010.
    51. ↑ "IndiGo celebrates delivery of first Airbus A320". Airbus (Press release). 28 July 2006. Archived from the original on 4 March 2016. Retrieved 19 March 2016.
    52. ↑ "IndiGo gets 100th aircraft completing its first order of many Airbus A-320". The Economic Times. 4 November 2014. Retrieved 4 November 2014.
    53. ↑ Sinha, Saurabh (13 January 2011). "Aircraft order is just a drop in ocean: IndiGo". The Times of India. Archived from the original on 17 January 2011. Retrieved 13 January 2011.
    54. ↑ "Airbus delays A320neo delivery for Indian airline IndiGo". Reuters. 21 December 2016. Archived from the original on 26 March 2016. Retrieved 19 March 2016.
    55. ↑ "40 billion jet spending spree". Yahoo. 16 October 2014. Archived from the original on 5 March 2016. Retrieved 19 March 2016.
    56. ↑ "Would be foolish to not focus on India, says IndiGo airlines president Aditya Ghosh". The Economic Times. 27 August 2015. Retrieved 19 March 2016.
    57. ↑ "IndiGo signs MoU for 250 A320neo aircraft". Airbus (Press release). 15 October 2014. Archived from the original on 3 March 2016. Retrieved 19 March 2016.
    58. ↑ "IndiGo commits to 180 A320s, largest jet order in aviation history" (Press release). Airbus. 1 November 2011. Archived from the original on 16 January 2011. Retrieved 14 January 2011.
    59. ↑ "Airbus and AirAsia announce record deal for 200 planes". BBC. 23 June 2011. Archived from the original on 23 June 2011. Retrieved 23 June 2011.
    60. ↑ O'Keeffe, Niall (17 November 2017). "PICTURE: IndiGo takes delivery of first ATR". Flightglobal. London. Archived from the original on 31 May 2018.
    61. ↑ "IndiGo FAQ's". IndiGo. Archived from the original on 16 March 2016. Retrieved 13 November 2013.
    62. ↑ "Coffee with 6E". Mint. 26 October 2015. Archived from the original on 9 March 2016. Retrieved 19 March 2016.
    63. ↑ "IndiGo 6E Plus". IndiGo. Archived from the original on 26 November 2015. Retrieved 13 March 2016.
    64. 1 2 3 4 "IndiGo makes it three in a row with CNBC AWAAZ Travel Award '09". domain-b.com. 1 September 2009. Archived from the original on 29 July 2012. Retrieved 13 July 2012.
    65. ↑ Neogi, Subhro (8 October 2015). "IndiGo named CAPA low cost carrier of the year at World Aviation Summit". The Times of India. Archived from the original on 28 March 2016. Retrieved 19 March 2016.
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