IndiGo eyes A350 fleet amid industry profitability challenges: CEO Walsh
· Business · The Hindu, Times of India
IndiGo CEO Willie Walsh stated the airline expects to start receiving the wide-body A350 aircraft from the second quarter of 2028, marking its entry into the long-haul market. The airline reported a loss of ₹1,879.1 crore in the September quarter, attributed to higher fuel costs and rupee depreciation. Walsh emphasized that despite challenging industry conditions, IndiGo maintains an excellent cost base and sees incredible opportunities for growth. The carrier currently operates over 2,100 daily flights with a fleet of over 400 aircraft, and Navi Mumbai airport is identified as a significant opportunity for shifting international operations.
Why it matters
IndiGo's fleet expansion with A350s will enable long-haul operations, potentially expanding its international footprint and passenger capacity amid rising fuel costs. The airline's ability to navigate profitability challenges will impact its 2,100 daily flights and frequent fliers.
Read the original report — The Hindu
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.