Read more about IndiGo tightens grip in India and targets growth abroad amid pandemic on Business Standard. NEW DELHI/SYDNEY (Reuters) - India s IndiGo has emerged as one of the world s biggest airlines by capacity, aided by a swift recovery in the domestic aviation market to nearly 80% of pre-pandemic levels and the financial strength to boost market
IndiGo registers swift recovery; reaches 80% of pre-COVID capacity
The airline is now the world s seventh biggest by capacity and the largest outside the United States and China, according to data firm OAG
Reuters | January 21, 2021 | Updated 10:36 IST
IndiGo took 44 planes from Airbus SE last year - the most of any customer and topping Delta Air Lines Inc and China Southern Airlines Co Ltd - as it replaced older planes with more fuel-efficient newer models
India s IndiGo has emerged as one of the world s biggest airlines by capacity, aided by a swift recovery in the domestic aviation market to nearly 80% of pre-pandemic levels and the financial strength to boost market share as rivals struggle.
Indigo is the largest airline in India accounting for 59.24 per cent domestic market share.
India s IndiGo has emerged as one of the world s biggest airlines by capacity, helped by a swift recovery in the domestic aviation market to nearly 80 per cent of pre-pandemic levels and the financial strength to boost market share as rivals struggle.
The airline is now the world s seventh biggest by capacity and the largest outside the United States and China, according to data firm OAG. It is a rare bright spot in a battered global aviation industry, providing a lifeline to squeezed lessors and aircraft manufacturers by paying bills on time and in full.
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