Key Points
At IndiGo, we have taken a whole range of mitigating measures ranging from lease extensions to damp leases of wide bodies, damp leases of narrow bodies and keeping some of the older fleet in operation and that is pretty much also our vision and our strategy going forward..
You may recall that about a year ago, the first indication of supply chain challenges were there and we had given a capacity guidance in the north of the mid-teens for FY23 and the second quarter is just a proof of that...
The other two, and I would say actually even more important factors are, firstly, a very healthy demand which is still there out in the Indian market and India today is probably one of the fastest, if not the fastest growing aviation market in the world, surely of this size and that both on the domestic side as well as on the international side continues to grow...
More than that, I would say these disruptions, international lease prices are driven also by what is the interest levels and at IndiGo, we have demonstrated to be a very reliable party during Covid which was, of course, the worst time for the industry...
So we will continue to build on that, not so much with the focus on ancillary but very much as a focus to deliver a customer proposition, which is very much tied to what is the basis of IndiGo, affordable fares and hassle-free service and of course, an on-time performance...
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