IndiGo Airways CEO Ronojoy Dutta: 40% international by 2025
Talking at the CAPA Live on 13-Oct-2021, IndiGo Airways CEO & Whole Time Director spoke with CAPA's chairman emeritus Peter Harbison. Some of the key highlights can be found below.
- My next push is to get Saudi and Thailand to open because those are important market for us. So international is still lagging behind, domestic is at 85% international is more like 35-40%.
- So the one good thing is they'll give tourists visas to people coming in. Before, you needed a special visa of some kind of the other. It was meant for students, citizens, but now they're giving tourist visas starting November.
- While the deliveries are coming, the returns are also there. So the total fleet count is not going up by huge numbers yet. I think we start seeing significant growth in the fleet at the end of 2023, beginning of 2024.
- I'm very bullish on international and the reason I'm bullish is we have a fantastic geography. One thing that this COVID has taught us is the amount of demand we got off from places we hadn't considered on our radar to the CIS countries to Milan to Manila.
- The emission and the offset is something we can do immediately. Sustainable aviation fuel clearly is lot of technological breakthroughs need to happen from fuel manufacturers. We're working with the Petroleum Institute of India in terms of doing some test pilot projects. So that's the most promising part, sustainable aviation fuel, but it's also the most difficult part.
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