IndiGo CarGo set for massive capacity growth

INDIA’S only profitable cargo-carrying airline, low-cost carrier IndiGo, has ordered 250 jets from Airbus for a list price of €20bn (US$25bn). It is Airbus’ biggest contract ever in terms of aircraft numbers.The new fleet would create a huge capacity for the airline’s airfreight arm, IndiGo CarGo.
Higher disposable incomes, an expanding middle class and rapid urbanisation have made India one of the world’s fastest-growing domestic aviation markets.However, fierce competition and high costs have left airlines including SpiceJet, Jet Airways and state-run Air India losing cash fast. The sector will lose up to $1.4 billion more this financial year, according to consultancy CAPA.

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Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.