INSUBCONTINENT EXCLUSIVE:
Moreover, a significant part of expenditure is for aircraft lease rental payments in foreign exchange
in Q2, its expenses rose to Rs 14,435.5 crore in the same period (see table).
This is primarily due to fuel expenses, which jumped 214.4
per cent to Rs 6,257.9 crore.
Negi said IndiGo was witnessing good momentum on its demand parameters and uptick in revenue metrics in Q3,
added.
The yield is average revenue earned from each passenger for one km of air travel.
Pieter Elbers, chief executive officer (CEO),
had deployed more than its pre-Covid capacity.
However, Elbers said aviation in India was recovering faster than it was doing globally
IndiGo flew 75 per cent more passengers (19.7 million) in Q2 this year.
Its load factor increased from 71.1 per cent in Q2 last year to
after-effects of the pandemic on the aviation industry is the supply-chain disruptions in aircraft manufacturing and subsequent shortage of
added.
The airline is looking at options to mitigate the shortfall in capacity deployment such as slowing its redeliveries by extending the
leasing period and evaluating the wet lease option, he said.
In wet lease, the lessor provides the flight crew along with the plane
demonstrated a strong recovery and we believe that this will last
that IndiGo remains the best placed among its peers with more than a 55 per cent market share
Airlines have taken multiple price hikes against the rising fuel costs
Despite this, factors like revenge and corporate travel are supporting the demand
