IndiGo will launch customised business product services
AVIATION & AIRPORTS

IndiGo will launch customised business product services

IndiGo, the biggest airline in India, has made a noteworthy move by deciding to introduce a customised premium business product service. For the last eighteen years, the airline has offered a basic, single-class flying service. By year's end, this product will be operational and accessible on the nation's busiest major commercial routes. More information on the debut date and routes of the product offering will be revealed in August, around IndiGo's anniversary.

The news was made on the same day the airline announced that its revenue for the fiscal year 2023?24 (April?March) reached a record-breaking Rs 71,231 crore. Since the epidemic, the airline has rebounded nicely, logging six straight quarters of profit as of the end of March.

According to the report, IndiGo's Chief Executive Officer, Pieter Elbers, stated in a conference call with analysts on Thursday evening that India is changing rapidly and the needs of Indian consumers are changing rapidly as well. Elbers added that against this backdrop, and looking at IndiGo's network with quite a number of routes, a very high frequency, and a lot of business-related travel, the company collectively felt that this was the right moment to move into that space. The report notes that August will mark the 18th year since IndiGo started its operations.

The airline's aim is to redefine premium air travel domestically and offer varied options for many commuters.

IndiGo, the biggest airline in India, has made a noteworthy move by deciding to introduce a customised premium business product service. For the last eighteen years, the airline has offered a basic, single-class flying service. By year's end, this product will be operational and accessible on the nation's busiest major commercial routes. More information on the debut date and routes of the product offering will be revealed in August, around IndiGo's anniversary. The news was made on the same day the airline announced that its revenue for the fiscal year 2023?24 (April?March) reached a record-breaking Rs 71,231 crore. Since the epidemic, the airline has rebounded nicely, logging six straight quarters of profit as of the end of March. According to the report, IndiGo's Chief Executive Officer, Pieter Elbers, stated in a conference call with analysts on Thursday evening that India is changing rapidly and the needs of Indian consumers are changing rapidly as well. Elbers added that against this backdrop, and looking at IndiGo's network with quite a number of routes, a very high frequency, and a lot of business-related travel, the company collectively felt that this was the right moment to move into that space. The report notes that August will mark the 18th year since IndiGo started its operations. The airline's aim is to redefine premium air travel domestically and offer varied options for many commuters.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement