IndiGo plans to increase its fleet size to 350 in FY 24

24 Mar 2023 , 11:16 AM

India’s largest airline, IndiGo has said in its analyst meeting that its international expansion shall drive the next leg of growth for the company. The company indicated that it plans to increase its fleet size to 350 in FY24 and double its size to 600- aircraft fleet by 2030, from 302 at the end of initial nine months of FY23.

The company is also expecting to increase number of destinations to go up to 115, with around 10-15 destinations likely to be added in the network during the year, as against 104 in FY23, as per the presentation.

Interglobe Aviation is also estimating to mark 100 million passengers by FY24, up by 18% from 85 million estimated to have ferried in FY23.

IndiGo has also code-sharing partnership with 7 airlines and looking to add more. Turkish Airlines remains the only one with a two-way codeshare, whereas five such as Qatar Airways, American Airlines, Air France KLM, Qantas, Virgin Atlantic, have one-way codeshare and one interline cooperation with Jetstar.