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IndiGo

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IndiGo
IndiGo Logo.jpg
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 167
Destinations 51
Parent company Interglobe Aviation Ltd[1]
Traded as BSE539448
NSEINDIGO
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$3.6 billion) (FY 2017–18)[3]
Net income Increase 22.43 billion (US$330 million) (FY 2017–18)[3]
Total assets Increase 211 billion (US$3.1 billion) (FY 2017–18)[3]
Total equity Increase 70.77 billion (US$1.1 billion) (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 40.9% domestic market share as of May 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 51 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[edit]

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 Airbus aircraft on 28 July 2006, nearly one 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 in 2006.[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$480 million) initial public offering on 19 October 2015 which opened on 27 October 2015.[25][26]

Corporate affairs and identity[edit]

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[edit]

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[edit]

As of June 2018, IndiGo operates more than 1000 daily flights to 51[30] destinations, 43 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[edit]

IndiGo Airbus A320neo
An Airbus A320 in IndiGo colours before delivery at Toulouse

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

IndiGo fleet
Aircraft In Service[43] Orders Passengers[44] Notes
Airbus A320-200 124 180
Airbus A320neo 35 370[citation needed] 180
186
Airbus A321neoLR 25[42] TBA Delivery starting from 2019[45]
ATR 72-600 8 42[citation needed] 74[46] 20 to be delivered by December 2018[47]
Total 167 437  

Fleet developments[edit]

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][48][49] The airline received its first A320 in July 2006 and planned to induct 100 aircraft by 2015–2016.[50] 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.[51]

The Airbus A320neo family aircraft ordered in 2011 were to be delivered starting 2015.[52] 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.[53] On 15 October 2014, IndiGo expressed its intention to order a further 250 A320neo aircraft worth US$25.7 billion at list prices.[54] 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.[55] The order of 250 jets was Airbus' single largest order by number of aircraft.[56] IndiGo received the first A320neo in March 2016.[57][58]

IndiGo took delivery of its first ATR 72-600 in November 2017.[59]

Services[edit]

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.[60] No in-flight entertainment is available. Hello 6E, the in-flight magazine published by IndiGo, is available for passengers to read.[61] 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.[62]

Awards and achievements[edit]

IndiGo has won the following awards:

  • Best low-cost carrier by the Airline Passengers Association of India (2007)[63]
  • Best low-cost carrier at the Galileo Express Travel Awards (2008)[63]
  • Best low cost airline by CNBC Awaaz (2009, 2013)[63]
  • Best low-cost carrier in C Asia/ India by SKYTRAX (2012, 2013, 2014, 2015, 2016)[63]
  • Best LCC Aviation award for excellence by Centre for Asia Pacific Aviation (2015)[64]

See also[edit]

References[edit]

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External links[edit]