Mumbai: India’s largest domestic carrier, IndiGo, expects ticket bookings in the 0-15 day window, considered a key revenue-earning window for airlines, to remain weak and add pressure to unit revenues of the airline during the quarter that ends of September 30, the airline’s chief executive Ronojoy Dutta told analysts at a call last week, according to the transcription of the call that was released on Thursday.
“Unfortunately, we are witnessing some lower fares in the 0-day to 15-day booking window and expect this to add some pressure to our unit revenues in the second quarter,” Dutta said.
“On our capacity guidance, we expect a year-over-year capacity increase in terms of ASKs of 28% for the second quarter of this fiscal year. For the full year, we expect capacity increase of 30%,” Dutta added.