IndiGo to phase out 120 A320 ceos in 2 years; working with partners for better prices
IndiGo will phase out 120 A320 ceo planes, which have high maintenance costs, in the next two years as well as experiment with new network and revenue models as the country’s largest domestic carrier tackles headwinds due to the coronavirus pandemic.
Keeping a close tab on various costs, the airline is also in discussions with partners for working out better prices and terms, senior officials said on Tuesday soon after it reported a net loss of Rs 871 crore in the three months ended March.
“We will be reducing our unit costs even further, making our fleet more efficient, ensuring our capacity is right sized to the market and experimenting with new network and revenue models,” IndiGo CEO Ronojoy Dutta said in an earnings call.
