New Delhi: In a major upgrade, Indigo Airlines announced on Thursday that it will start business-class services on its flights this year. According to the airline, the premium service will be offered on the flight’s busiest and business routes to enhance the comfort of the passenger. The details about the flight’s launch date, offers, and routes are expected to be announced in August.
“In a groundbreaking move to redefine business travel in India, IndiGo, India’s most preferred airline, announces the plan to launch a tailor-made business product for India’s busiest and business routes,” the airline said in a release.
IndiGo CEO Pieter Elbers showed excitement towards this new service offered by the airlines and said, “We believe, as India gears up to become the third largest economy in the world, it’s our privilege to provide the New India even more options to choose from as they travel business. We are excited with this new phase and tailor-made product in IndiGo’s evolution and strategy and aim to further give wings to the nation by connecting people and aspirations”.
InterGlobe Aviation, the parent company of the country’s largest airline, IndiGo, reported on Thursday more than doubling of profit after tax to Rs 1,894.8 crore in the fourth quarter of the fiscal year 2023-24.
“FY24 has been a year of many remarkable achievements and milestones. For the full financial year 2024, we reported our highest ever total income of around 712 billion rupees (Rs 71,200 crore) with a net profit of around 82 billion rupees (Rs 8,200 crore) and a net profit margin of 11.9 per cent. The 4th quarter financial results were positive, making it all four quarters in FY24 profitable,” IndiGo CEO Pieter Elbers said.
Pieter Elbers, showing jubilation at the company’s performance, said that the strong execution of the company’s strategy has yielded consistent results.
According to the company, the airline had a profit after tax of Rs 919.2 crore in the year-ago period. IndiGo’s total income jumped to Rs 18,505.1 crore from Rs 14,600.1 crore. At the end of March, the airline had a fleet of 367 planes, including 13 on damp lease.
(With inputs from agencies)
