How many passengers will IndiGo carry in 2024? CEO Pieter Elbers share projections

How many passengers will IndiGo carry in 2024? CEO Pieter Elbers share projections

New Delhi: Budget carrier IndiGo plans to carry 112 million passengers overall in 2024, up from 100 million in 2023, said CEO Pieter Elbers. Elbers said that given India’s expanding civil aviation market, which is also the world’s fastest-growing, IndiGo is also planning to expand its international network.

“An airline so young expects to welcome over 112 million customers in 2024, after crossing the 100 million annual customers bar last year,” said Elbers. IndiGo’s share of India’s domestic aviation market stood at 63.6 per cent, according to official data.

IndiGo to receive new jets

Budget carrier IndiGo is set to receive Airbus A321 XLR narrowbody jets in 2025. The longer-range narrowbody jets are expected to provide a boost to IndiGo’s plans for long-duration direct international flights. The 18-year-old airline has a 400 aircraft fleet. The airline has also ordered Airbus A350-900 widebody jets, Elbers said in a statement. Indio plans to chart its path as a global leader in aviation by tying it to India’s vision of becoming an aviation hub, said Elbers.

IndiGo Chennai-Malaysia flight launch

Chennai Airport witnessed the launch of IndiGo’s inaugural flight from Chennai to Penang in Malaysia on December 21, 2024. IndiGo flew an Airbus A320 jet for daily flights on the new route.

Say hello to Indigo (6E)! 🥳 Penang International Airport (PIA) proudly welcomes 6E’s inaugural flight from Chennai (MAA), bridging these two vibrant cities with daily flights aboard the Airbus A320. ✈️ Let’s celebrate this exciting new connection! #MYairlinesstories #PIA pic.twitter.com/oqMDc7ETuP

— Malaysia Airports (@MY_Airports) December 23, 2024

IndiGo share price history

IndiGo’s share price rose 2.44 per cent to Rs 4,725 apiece on Thursday. The company’s share price was up 8.47 per cent over the past 5 days and 11.71 per cent over the past month. IndiGo’s stock surged 11.81 per cent over the past 6 months. Indigo’s share price has risen 61.75 per cent over the past year.

 IndiGo plans to fly over 110 million passengers in 2024, while sharing updates about upcoming jets in 2025, said CEO Pieter Elbers. The airline is tying its global ambitions with India’s plans to become a global travel hub.  Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today