Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
INDIA

IndiGo Plans to Run Domestic Flights at Full Capacity Within Few Months

IndiGo is planning to run at full capacity domestically, its CEO Ronojoy Dutta said on Friday, adding that the budget carrier’s current load factor is around 70 per cent and yields are likely to rise in the coming months.

“Things are improving slowly.. it’s hard not to be bullish as traffic is going up,” IndiGo Chief Executive Officer Ronojoy Dutta media reported. The airline is also targeting just over two-thirds in international routes as the virus pandemic eases and people start traveling more.

The ministry of civil aviation in August allowed domestic airlines to increase flight capacity to 72.5 per cent from 65 per cent in July. Though, the extended ban on international flights continue till September 30.

Get Daily Prediction & Stocks Tips On Your Mobile