The country’s largest airline, IndiGo, is seeing signs of growth in seat occupancy after resuming domestic operations recently. In an interaction with Business Standard, IndiGo Chief Executive Officer Ronojoy Dutta also said the airline had plans to raise extra cash from sale and leaseback of 13 aircraft and spare engines.
The booking trend was encouraging, with growth in load factors and unit revenue, Dutta said. “Future bookings are coming along nicely,” he added.
Domestic air travel resumed on May 25 after two months of suspension, while scheduled international flights still remain shut. Over 90 per cent of bookings in the first week of operations were for one-way trips and there was limited advance sale.
