IndiGo tripled in size during past seven years, retired old planes
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IndiGo, which aims to double in size by 2030, grew its fleet from 100 in 2016 to over 300 now, according to data compiled from its investor presentations.
The airline, which had 106 planes as of March 2016, saw the highest capacity addition in FY19 and FY20. In those two years, IndiGo made a net addition of 58 and 45 aircraft respectively. This period also saw the closure of Jet Airways in April 2019, resulting in higher growth followed by Covid-19-induced disruptions, starting March 2020.
IndiGo shrank in size in FY22 as it restructured its fleet, returning more of its older Airbus A320Ceo planes to drive lower maintenance and fuel expenses (see chart). As of March 2022 its fleet stood at 275 (compared to 285 a year earlier). This March the aircraft count was 304. Currently IndiGo has 312 planes.
Doubling the fleet size to 600 planes in the next seven years would mean the airline would be making a net addition of o
First Published: Jun 20 2023 | 11:31 AM IST
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