Demand for corporate travel returning gradually, says IndiGo

Budget carrier IndiGo, which turned profitable in the December quarter on the back of higher passenger volumes, on Friday said the demand for corporate travel is returning gradually. “We are saw a recovery of almost 70 per cent of the recovery in corporate travel in December. But due to the third wave of the pandemic, we started seeing a drop in this business and it came down to about 25 per cent of the pre-COVID level in the first half of January,” IndiGo Chief Strategy and Revenue Officer Sanjay Kumar said during a post-earnings analysts call.

“But again we are seeing recovery after the middle of January and we have seen some better numbers coming in. We hope that we will get back to a similar kind of growth very soon in the next few weeks, going forward,” he said.