The Founding

Founded in 2005, IndiGo commenced its operations on August 4, 2006. Headquartered in Gurugram, this airline has swiftly ascended to become India's largest, with key operational bases in Mumbai, Chennai, Cochin, Delhi, Bengaluru, Kolkata, and Hyderabad.

The airline operates under the code 6E and is recognized by the callsign "IFLY." Leading IndiGo are Mr. Rahul Bhatia, the Managing Director and founder, and Mr. Peter Elbers, the CEO.

The Company

IndiGo’s parent company is Interglobe Aviation Limited and it operates to 122 destinations in 2024 with a fleet of 372 aircraft, boasting an average fleet age of 4.6 years. With a market capitalization of Rs. 155 Lakh Crore, IndiGo ranks as the third largest airline globally by valuation.

Key statistics of IndiGo include:

Particulars 2016 2017 2018 2019 2020 2021 2022 2023
Employees 12362 14,604 18,060 23,531 27,812 23,711 26,164 32,407
Passengers (mn) 33 44 52 56 75 29 47 85
Load factor (%) 84 84.8 87.4 86.2 85.8 69.4 73.6 82.1
Fleet size 107 131 159 217 262 285 275 304
CO2 emissions (g) per ASK 74.6 72 70 64.7 61.1 59.5

The Fleet

As of today, the IndiGo fleet consists of 372 aircraft, including 45 ATR 72s, 2 Boeing 777s, and a mix of Airbus A320/321s, with a majority being NEOs and a few CEOs. The fleet is expanding rapidly, with a new aircraft being added every week. IndiGo aims to double its fleet by 2030 and anticipates a significant international expansion with the introduction of A321XLR aircraft in 2025.

Key milestones in IndiGo’s fleet over the years include:

YEAR 2012 2018 2023* 2024* 2025*
AIRCRAFT FLEET 100 200 300 400 500

IndiGo's fleet order book over the years reflects the airline's strategic foresight and confidence in its growth plans, staying decades ahead of the competition. By placing bulk orders, IndiGo has secured lower aircraft prices and maintained a young fleet by systematically replacing aging airplanes. Additionally, with Airbus's order book filled until 2030, competitors face significant challenges in expanding their fleets at a comparable rate.

2005 2011 2014 2017 2019 2023 2024 total
A320 100 180 250 300 500 1330
ATR72 50 50
A350 30+70 100
Total 1480
The Network

IndiGo flies over 2000 flights a day to over 110 destinations carrying 100 million passengers. Of these over 30 are international destinations.

The Financials

Market Cap. Profit. Cash Reserve

Year 2016 2017 2018 2019 2020 2021 2022 2023 2024
Revenue (₹ Cr) 16,140 18,580 23,021 28,497 35,756 14,641 25,931 54,446
Profit after tax (₹ r) 1,986 1,659 2,242 156 −248 −5,830 −6,171 −317
Flight Deck Crew Information

Total number of pilots approximately 5000 which includes 55% Captains and 45% First Officers.

IndiGo Cadet Pilot Programme

IndiGo launched the IndiGo Cadet Program in 2008 in collaboration with Sabena Flight Academy, which was acquired by CAE in 2009. This program is tailored to help aspiring young pilots efficiently obtain their Commercial Pilot License (CPL) and Airbus A320 Type Rating. For more details and to visit the IndiGo Careers page

Interglobe Values

The core values of Interglobe are Integrity, Customer Orientation and Future Mindedness.

Integrity:

Observing financial and intellectual honesty. Taking personal responsibility and facing reality, regardless of consequences.

Customer Orientation:

Always seeing things from the customer’s perspective. Identifying the customer’s unstated as well as emerging needs.

Future Mindedness:

Staying in touch with new developments consistently. Questioning existing assumptions and making new ideas work.