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Analysis: IndiGo first quarter FY2018 results and fleet, plans, and strategy

IndiGo first A320neo VT-ITC touches down at New Delhi's IGI airport after a non-stop flight from Toulouse, France

India’s largest domestic carrier, IndiGo, reported its first quarter results of the fiscal year 2017-2018 (Q1FY18) yesterday. It was a strong result but perhaps what was different this time, were details on its fleet, international expansion plans and strategic direction, the airline shared. Bangalore Aviation is the first to report on and analyse these comprehensive issues. IndiGo Q1FY18 results snapshot …

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Analysis: Why did IndiGo decide to introduce ATR72’s in to its fleet?

IndiGo_A320 classic VT-INT. Photo: Devesh Agarwal.

Earlier this month, on the 9th of May, India’s largest domestic airline Indigo, announced that they had signed a term-sheet with French turbo-prop airframer ATR, for the induction of 50 ATR72-600 regional aircraft. The announcement caught the aviation and investment community completely by surprise. Since its inception 12 years ago in 2005, IndiGo had slavishly adhered to the “one airframe …

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IndiGo to launch Bangalore Singapore on June 30, with great fares

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

India’s largest domestic airline and low cost carrier IndiGo will launch its Bangalore Singapore direct non-stop flight on June 30th. This will be the second international flight for the carrier originating from Bangalore. It operates a flight to Dubai. The Singapore flight comes close on the heels of full service carrier Jet Airways successfully commencing flights on the Bangalore Singapore …

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Indigo wins Airbus’ Best Operational Excellence award

Indigo Airbus A320neo VT-ITK. Image copyright Vedant Agarwal.

Low cost carrier Indigo has won the Airbus’ award for Best Operational Excellence for the second consecutive year. Indigo won the award after outperforming 46 other airlines globally. The selection criteria for the award is based on data covering two years of operation and taking into consideration the number of aircraft in the fleet, daily utilization rate, technical reliability and …

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Indigo to begin regional operations with ATR 72-600s

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

Low cost carrier Indigo has signed a term sheet with French airframer ATR for 50 ATR 72-600 aircraft. The order would be valued at $1.3 billion at list prices. Deliveries of the aircraft will begin towards the end of 2017. Indigo will be able to reduce the number of aircraft on order depending on it’s commercial performance. The order is …

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DGCA brief details issues with the PW1100 GTF engine on the A320neo

Indigo Airbus A320neo VT-ITC. Pratt & Whitney PurePower PW1127 Geared Turbo Fan engine. Copyrighted image. Re-use prohibited.

A brief submitted to aviation regulator Directorate General of Civil Aviation (DGCA) confirms Bangalore Aviation’s earlier analysis on the ongoing challenges with the Pratt & Whitney PW1100 G-JM Geared Turbo Fan (GTF) engines which power the Airbus A320NEOs of Lufthansa, IndiGo and Go Airlines. Problems with PW1000G GTF engine The brief, which was reviewed by Bangalore Aviation, traces problems to …

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Qatar Airways A320neos diverted to IndiGo

Indigo Airbus A320neo VT-ITK. Image copyright Vedant Agarwal.

It appears the Airbus A320neos ordered by original launch customer Qatar Airways, are getting diverted to the world’s largest A320neo operator, currently, India’s Indigo. The Gulf carrier had ordered 34 A320neos powered by the Pratt & Whitney PW100G Geared Turbo-Fan (GTF) engine, and was slated to be the launch customer. However the airline started cancelling airframes in their dispute with …

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Indigo fleet reaches 125 Airbus A320’s

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

Low cost carrier IndiGo has grown it’s fleet to a 125 Airbus A320’s. The airline took delivery of it’s 125 aircraft VT-ITH in it’s 125th month of operation. The aircraft is Indigo’s 13th Airbus A320neo. The airline is also adding 10 additional frequencies connecting Hyderabad to Goa, Coimbatore, Bhubaneswar and Visakhapatnam effective the 1st of January. Aditya Ghosh, President and …

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Indigo Q2 fiscal 2017 results analysis – Capacity affects yields and profits

IndiGo first A320neo VT-ITC touches down at New Delhi's IGI airport after a non-stop flight from Toulouse, France

IndiGo reported its second quarter (ending September 30) results for the fiscal year ending March 31 2017 (FY2017). With earnings of Rs 139.8 crores, the results yet again failed to meet analysts’ expectations. As reported earlier, intense competition in the market, consistent fare sales and aggressive capacity addition have added to the revenue pressures. Key numbers Passenger Revenue – Rs. …

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Indigo first quarter FY2017 results analysis – profitable but challenges loom

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

India’s largest domestic airline IndiGo, reported its first quarter results for the FY2017. With earnings of Rs 591.8 crores, the results yet again failed to meet analysts’ expectations bringing down its stock price from Rs 994.9 on August 1, to Rs 865.2 on August 3, 2016. Capacity increase outpacing passenger volumes impacting operational performance For the first quarter of fiscal …

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IndiGo Patna flight returns to Bangalore after hydraulic leak. All safe.

IndiGo_A320 classic VT-INT. Photo: Devesh Agarwal.

An IndiGo airlines Airbus A320-232 performing flight 6E-632 from Bangalore, Kempegowdga International Airport to Patna, Bihar, India, with 154 passengers and six crew, returned to Bangalore soon after take-off at 06:37Z (12:07 IST) due to a leakage in the hydraulic system. After take-off from runway 09, on climb, the Captain noticed a leakage in the hydraulic system. As standard protocol …

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IndiGo continues to impress with Q4 and full year FY2016 results

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

India’s largest domestic airline Indigo, continued to impress with its fourth quarter fiscal 2016 and full year fiscal 2016 earnings reported last Friday. For the full financial year ending March 2016, Indigo reported: Revenues of Rs 16,601 crore Net profit of Rs 1,990 crore for FY16 (53% increase YOY) Cash on hand: Rs 6,046 crores (Rs 2,262 free cash, balance restricted) …

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IndiGo launches 16 new flights

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

Low cost carrier, Indigo is introducing 16 new flights through it’s domestic network. From 7 April, the airline will begin it’s first non-stop daily flight on the Chennai-Guwahati route, 2nd daily Bengaluru-Guwahati and 4th daily Delhi-Raipur. The airline will begin it’s 14th direct Delhi-Bengaluru and 7th direct Delhi-Ahmedabad flight’s on 9 April. A new non-stop daily Chennai-Jaipur flight and one-stop …

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Exclusive photos from inside IndiGo’s A320neo

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

Bangalore Aviation was one of the first allowed on board IndiGo’s newest plane, VT-ITC, the Airbus A320neo it took delivery of just last week. We bring you exclusive shots from inside the cabin. For now we all can relax. IndiGo has opted to retain the existing 180 seat configuration which is common to its existing A320 classic fleet. The airline …

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Analysis: How will IndiGo integrate the Airbus A320neo?

IndiGo's first A320neo. MSN6799. VT-ITC. Photo courtesy the airline.

Indigo received their first Airbus A320neo (new engine option) today and within a week of the Directorate General’s of Civil Aviation approval with type certificate. With a few more formalities the aircraft will be ready to fly the Indian skies making Indigo the first Asian and Indian operator of the new aircraft. Other airlines (GoAir, Vistara and Air India, all have …

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IndiGo becomes first Asian and second global operator of the A320neo

IndiGo's first A320neo. MSN6799. VT-ITC. Photo courtesy the airline.

India’s largest domestic airline Indigo, has taken delivery of the first of its ordered 430 Airbus A320neo (new engine option) at Toulouse, France, today. The airline accepted the airframe, MSN 6799 (manufacturer’s serial number) at 1212Z which is 17:42 Indian Standard Time. The aircraft will be registered VT-ITC. Its sisters VT-ITA and VT-ITB will join the fleet later. VT-ITC will …

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Indigo Q3 FY2016 results analysis – flying high but some minor turbulence

IndiGo Airbus A320-232(SL) VT-IFK with Sharklets.

Indigo reported its highest ever earnings of Rs 657 crores for the third quarter ending December 31, 2015 of fiscal year 2015-16 which will end March 31, 2016. With passenger growth of 28% compared to the same period last year, aviation turbine fuel (ATF) prices at an all-time low, and a 20% capacity increase in seats deployed; Indigo had key …

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