14 june 2011
Come September and passengers flying to Dubai and South East Asia will have another low cost option. Domestic low cost carrier Indigo will soon take on international wings and will connect Dubai, Singapore and Bangkok starting September 1, 2011.
Indigo will be the second low cost carrier after SpiceJet to start international flights. Fares on these routes which are already quite competitive could see further fall in tariffs due to increased completion. Indigo is offering fares which are 30 per cent lower than average fares as inaugural fares.
"We are launching our international operations to Dubai, Singapore and Bangkok from this September. Keeping the stiff competition in mind, the all-inclusive return fare for any of the destinations would be Rs. 9,999 only," IndiGo chief executive officer Aditya Ghosh said.
Indigo which is buying an additional 180 aircraft for $15.6 billion is looking to raise its fleet size to 60 aircraft from the current 39 by end of 2012. However despite being confident of continuing its profitable streak this year as well the airline's top management hasn't finalised plans for an IPO yet. Indigo has earlier this year appointed bankers to advise it on the possibility of an IPO to raise funds for the airline.
The carrier has also applied for flights to Dhaka and Bangkok from Kolkata, which is likely to begin next year, Ghosh said, adding that there are options of operating more flights on international sectors as 34 per cent of the route authority from Indian side were yet to be utilised.
Even as crude prices continue to remain high Indigo says its expects domestic fares to remain stable and is confident that despite fears of economic growth slowing marginally passenger growth will outpace capacity addition this year.
IndiGo to start international operation from Sept 1
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| Dr Sanjay Kumar Cardiac Cardiothoracic Heart Surgeon India |
Indigo will be the second low cost carrier after SpiceJet to start international flights. Fares on these routes which are already quite competitive could see further fall in tariffs due to increased completion. Indigo is offering fares which are 30 per cent lower than average fares as inaugural fares.
"We are launching our international operations to Dubai, Singapore and Bangkok from this September. Keeping the stiff competition in mind, the all-inclusive return fare for any of the destinations would be Rs. 9,999 only," IndiGo chief executive officer Aditya Ghosh said.
Indigo which is buying an additional 180 aircraft for $15.6 billion is looking to raise its fleet size to 60 aircraft from the current 39 by end of 2012. However despite being confident of continuing its profitable streak this year as well the airline's top management hasn't finalised plans for an IPO yet. Indigo has earlier this year appointed bankers to advise it on the possibility of an IPO to raise funds for the airline.
The carrier has also applied for flights to Dhaka and Bangkok from Kolkata, which is likely to begin next year, Ghosh said, adding that there are options of operating more flights on international sectors as 34 per cent of the route authority from Indian side were yet to be utilised.
Even as crude prices continue to remain high Indigo says its expects domestic fares to remain stable and is confident that despite fears of economic growth slowing marginally passenger growth will outpace capacity addition this year.
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