{"id":381403,"date":"2020-10-31T09:06:40","date_gmt":"2020-10-31T03:36:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381403"},"modified":"2020-10-31T10:07:15","modified_gmt":"2020-10-31T04:37:15","slug":"indigo-to-cut-fleet-size-over-the-next-two-years-amid-covid-19-pandemic","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-to-cut-fleet-size-over-the-next-two-years-amid-covid-19-pandemic\/","title":{"rendered":"IndiGo to cut fleet size over the next two years amid Covid-19 pandemic"},"content":{"rendered":"<p>IndiGo will trim its fleet size over the next two years as the coronavirus pandemic continues to weigh on Asia\u2019s biggest budget airline by market value and other carriers around the world.<\/p>\n<p>\u201cFleet count will be stagnant, go down a little,\u201d Chief Executive Officer Ronojoy Dutta told analysts during a post-earnings conference call Thursday. \u201cIn 2022, we will be down slightly, by 2023, we will be up again.\u201d<\/p>\n<p>IndiGo, operated by InterGlobe Aviation Ltd., hasn\u2019t engaged in any \u201cmajor renegotiation\u201d with Airbus SE on new deliveries, but it will keep returning as many as 40 older planes a year, Dutta said. IndiGo is the world\u2019s biggest buyer of Airbus\u2019s best-selling A320neo-family of jets, having ordered as many as 730 of them, and is the market leader in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IndiGo will trim its fleet size over the next two years as the coronavirus pandemic continues to weigh on Asia\u2019s biggest budget airline by market value and other carriers around the world. \u201cFleet count will be stagnant, go down a little,\u201d Chief Executive Officer Ronojoy Dutta told analysts during a post-earnings conference call Thursday. \u201cIn 2022, we will be down slightly, by 2023, we will be up again.\u201d IndiGo, operated by InterGlobe Aviation Ltd., hasn\u2019t engaged in any \u201cmajor renegotiation\u201d with Airbus SE on new deliveries, but it will keep returning as many as 40 older planes a year, Dutta [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-381403","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=381403"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381403\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}