IndiGo’s rising costs are indication for growth; expect a smooth landing by 2022: CEO Rono Dutta
Rono Dutta, 68, is now the man in the hot seat at IndiGoNSE 1.08 %. In a candid chat, he opened up to questions about the future strategy of the world’s 13th-largest carrier. Edited excerpts from the interview:
At around INR 400 crore, engine maintenance cost came out as the become the elephant in the room out of nowhere in the last quarter. Can you take us beyond what you said in the analyst call – whether this INR 400 crore will be in every quarter over the next few years or annually.
We had two spikes in costs – engines and pilot training. To finish the pilot training, we jumped to 50 pilots a month, which requires a lot of examiners to be there. By June we will be done with that. So, through June, employee costs spiked and only because of pilot training. By (next) June, it will go down.
