IndiGo, set up by Rahul Bhatia and Rakesh Gangwal in 2004, began operations in 2006, when the first of its Airbus A320 aircraft was delivered. Beginning in August with a Delhi to Imphal via Guwahati flight, IndiGo has grown to become India’s largest, most profitable airline, with a 40 per cent market share. It has disbursed almost $900 million in dividends in the past five years.
EVERY TIME, ON TIME
IndiGo began as a single class, no frills airline. It didn’t even offer a frequent flyer programme. What it did promise was a clean, on-time flying experience in brand new planes. IndiGo has made air travel a viable option for many Indians, even competing with the railways in terms of value and affordability.
IndiGo recently expressed interest in acquiring the international operations of Air India, as well as Air India Express. It intends to become a major player in the international market. It currently flies to seven international destinations. IndiGo is buying 250 Airbus aircraft, making it the largest customer for the Airbus A320.
SKY CAPTAIN IndiGo’s Rahul Bhatia