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MAY 2024

Week 21

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IndiGo to introduce business class

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May 24th 2024

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IndiGo announced plans to introduce a business class by the end of this year, targeting India’s first-time business travelers. Read More » “We believe as India gears up to become the third largest economy in the world, it’s our privilege to provide the New India even more options to choose from as they travel business. We are excited with this new phase and tailor-made product in IndiGo’s evolution and strategy and aim to further give wings to the nation, connecting people and aspirations” IndiGo CEO Pieter Elbers said. The details about the new class and routes will be presented in August. The carrier also announced higher than anticipated quarterly profit for the three months ended March 31. The net income was 18.9 billion rupees ($227 million), almost double compared to the same time last year, while the revenue grew 26% year-on-year to 178.3 billion rupees. The load factor was 86.3%, compared to 84.2% in the same period last year. The capacity grew 14.4%.

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