IndiGo Airlines has secured its position as the second fastest-growing airline globally in terms of seat capacity, recording a 10.1% year-on-year increase to over 134.9 million seats in 2024.
According to the latest data from the Official Airline Guide (OAG), IndiGo ranks just behind Qatar Airways, which saw a 10.4% rise in seat capacity over the previous year.
IndiGo also emerged as the world’s fastest-growing airline in terms of flight frequency, with a 9.7% increase in 2024.
The airline recorded a total of 7,49,156 flights during the year, highlighting its expanding operations.
OAG further noted that IndiGo continues to expand its fleet, holding one of the largest aircraft orders worldwide with over 900 aircraft on order.
In 2024, it received 58 new Airbus aircraft, the highest among global airlines.
However, the airline has approximately 80 aircraft currently inactive due to MRO-related supply chain issues.
Currently, 88% of IndiGo’s seat capacity is allocated to domestic routes, but international expansion remains a key focus.
In 2024, the airline prioritized growth in Middle Eastern markets and Thailand.
Looking ahead, IndiGo is exploring the launch of long-haul, low-cost services, with potential plans to accelerate operations in 2025 using wet lease aircraft.
IndiGo reported a net profit of Rs 2,449 crore for the October-December quarter of the 2024-25 financial year, reflecting an 18% decline compared to the same period last year.
Despite this, the airline’s revenue from operations grew 14% to Rs 22,111 crore during the quarter.
Total income for the quarter stood at Rs 22,992.8 crore, marking a 14.6% year-on-year increase, while total expenses rose 19.9% to Rs 20,465.7 crore.
IndiGo’s EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortisation) saw a 0.7% year-on-year increase to Rs 5,178.6 crore.
The airline’s load factor for the quarter improved to 86.9%, compared to 85.8% in the same period last year, reflecting strong demand and operational efficiency.
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