Archive for the ‘IndiGo’ Category

IndiGo offers 1 lakh tickets at up to Rs 1,000

February 21, 2007

IndiGo is offering one lakh tickets at fixed rates of Rs 100, Rs 500 and Rs 1,000.

First-cum-first serve

In a statement the airline has said that these tickets would be available on a first-come-first-serve basis from February 21 and passengers can start travelling as early as February 26. The promotional scheme is available for travel till June this year.

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Indigo appoints Sanjay Kumar as its CCO

February 2, 2007

Low-cost carrier Indigo on Tuesday said it has appointed Sanjay Kumar as its Chief Commercial Officer.

Kumar would be responsible for all aspects of network planning, pricing, revenue management, aircraft scheduling and distribution, Indigo said in a statement.

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Indigo to link Kolkata to new locations

January 9, 2007

Indigo Airlines seems to be going where no other airline has gone in a long while, connecting Kolkata to destinations like Jaipur.

On the card are places like Chennai, Bangalore, Hyderabad, Goa, Bhubaneshwar, Patna, Lucknow and Agartala.

The airline is reviewing any town or city with a population of more than one million for the purpose.

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Two more carriers likely to fly out of Raipur

December 13, 2006

Two more private airliners are exploring the possibilities to starting operations in Chhattisgarh following the good flight load factor reported by other private airlines in the mineral-rich state.

After Jet and Air Deccan, the Kingfisher and Indigo airlines are planning to start service in Chhattisgarh.

Both the companies have conducted survey on a few sectors and are set to take off in three months or so.

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IndiGo`s Jaipur-Kolkata flights from January 5

December 13, 2006

IndiGo, India’s newest low-fare domestic carrier, has announced non-stop daily services between Jaipur and Kolkata, commencing on January 5, adding to its current daily services between Jaipur and Delhi and Jaipur and Mumbai.

Speaking on the additional services from Jaipur, Bruce Ashby, president and CEO of IndiGo said: “Jaipur is an important IndiGo destination, and we want to improve connectivity between Jaipur and other cites.”

“With affordable fares, IndiGo opens up new low-fare travel alternatives for its customers. With our Airbus A320 aircraft, we have built an airline with simple rules,” he further added.

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New low-fare rivals turn the heat on Air Deccan

November 20, 2006

India’s youngest domestic carrier Indigo Airlines has climbed to the third spot in capacity utilisation with a seat factor of 73.5% in October, the third month of its operation. SpiceJet continues to be at the top with a load factor of 77.3%, followed by Air Deccan at 76%.

According to the directorate general of civil aviation’s market share figures, October proved to be particularly beneficial to low cost carriers as the market share of SpiceJet, Go Air and Indigo increased from 6.8%, 2.5% and 1.9% in September this year to 7.1%, 3.4% and 3.5%, respectively, in October.

However, despite offering a large number of tickets at nominal prices of Rs 3 and Rs 6, India’s first low-cost carrier Air Deccan’s market share has actually been on the downslide. After touching a high of 21.2% in June, the airline’s share registered an average of 19.3% in the second quarter of the current financial year, further dropping to 18.1% in October.

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Low-cost airlines capture 27.1 pc share in Jan-Sept

November 11, 2006

The four low-cost airlines – Air Deccan, SpiceJet, Indigo Airline and Go Air — have together cornered a market share of 27.1 per cent during January-September this year, the latest data compiled by the Directorate General of Civil Aviation shows.

Jet Airways, however, continues to dominate the domestic market with a share of 32.8 per cent. The total number of passenger flown by the nine scheduled domestic airlines stood at 229.39 lakh.

The state-owned airline Indian that had a market share of 22.5 per cent was in second place followed by Air Deccan (17.9 per cent), Air Sahara (8.7 per cent) and Kingfisher Airlines (8.3 per cent).

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New airlines garner 40% share

November 11, 2006

 It’s the season of major upheavals in the Indian skies. Riding on their low-fare strategy, the six-member club of new-entrants in the domestic skies has cornered a near 40% share of the airline industry pie in the third quarter of 2006 calendar year.

According to passenger carriage data with the Directorate General of Civil Aviation (DGCA), new-entrants together captured 39.2% share of the domestic market in third quarter of 2006. In September, their combined share stood at 40.7% — their highest-ever till date.

The legacy carriers — Indian Airlines, Jet Airways and Air Sahara — ended with a 60.8% share in Q3, while their combined share in September alone dropped to 59.3%, the DGCA data revealed.

“Since the quarter to September is generally seen as a lean period, the no-frills airlines and some of the full-service carriers gained from the low-fare offerings. Since corporate movement is also generally low during this period, the legacy carriers have witnessed a dip in passenger carriage too and that’s reflecting on their market share,” said an industry watcher.

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Indigo in sale & leaseback deal, inducts fifth aircraft

November 9, 2006

Taking a cue from other Indian carriers, Delhi-based budget carrier IndiGo Airlines has done a sale and leaseback deal on all the five jets it has taken delivery so far. The airline plans to do similar deals involving operational or financial leases for the first 15 of the 100 Airbus A-320s it has booked, the airline’s CEO Bruce Ashby told Hindustan Times.

Ashby declined to give financial details. Sale and leaseback is a popular financing tool used by airlines under which the buyer sells back the aircraft to the seller and leases it back again, thus saving on large down payments and effectively owning the aircraft bought at a bargain price while paying something like a rent.

Leading carriers like Jet Airways, Air Deccan and Kingfisher Airlines have entered into  sale and leaseback deals and also earned some cash in the process.

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IndiGo to enhance route network

November 8, 2006

IndiGo has commenced operating its fourth new Airbus A320 aircraft, commencing daily services from Mumbai to Vadodarawith a same aircraft going to Delhi and returning and flying from Mumbai to Nagpur. IndiGo will be taking delivery of its fifth A320 later this month, with plans to add daily service from Mumbai to Jaipurwith a same aircraft continuing to Delhi and back and doing daily round-trip service from Delhi to Goa. Mr Bruce Ashby, President and CEO of the company, said it plans to add a brand-new A 320 aircraft to its fleet each month this year, with the target of 100 aircraft over the next 10 years.

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