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.
- L&T Shares Trade With Nominal Losses Despite Securing Orders
- Daily vs Weekly SIP: Which Can Supercharge Your Portfolio to the Million-Mark?
- Rail Vikas Nigam Shares Take a Hit Despite Rs 165 Crore Order
- Lupin Shares Gain 1% as Unit Receives EIR Status from USFDA
- Glenmark Unit Signs Exclusive NSCLC Drug Pact with Hansoh Pharma; Shares Drop 1%
“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.
Live
