IndiGo Returns to Profitability, Eyes Early Long-Haul Launch
Skift Take
Indian airlines are looking to turn the country into a global aviation hub. But competition from Gulf carriers looms.
Indian low-cost carrier IndiGo returned to profitability in the third quarter of fiscal 2025, and CEO Pieter Elbers said the airline is looking to speed up the deployment of long-range aircraft.
“Subject to regulatory approvals, we are exploring interim solutions for an earlier introduction of long-range aircraft to our fleet through wet leases," Elbers said on an earnings call. "Route and network opportunities are being explored at present.”
India has the fastest-growing major economy, Indian businesses are expanding internationally, and Indian citizens are exploring more destinations than ever before. That leads to what Elbers described as a "vast reservoir of untapped potential."
The airline
