IndiGo became the world’s most valuable airline by market capitalisation, crossing ₹2 lakh cr. The milestone places InterGlobe Aviation Ltd, the parent company of IndiGo, ahead of global aviation giants like Delta Air Lines, Ryanair and United Airlines in terms of market value.
IndiGo’s surge is attributed to its consistent profitability, low-cost operations models and aggressive fleet expansion plans. Despite industry challenges, including high fuel prices and global economic uncertainty, IndiGo has continued to post strong financials and expand its domestic and international market share.
The stock has seen a tremendous strike, gaining 13% so far, which has pushed its market capitalisation. IndiGo stock ended nearly 1% higher on Wednesday, challenging the weak broader market trend.
With this, IndiGo has held a dominant position in the Indian domestic aviation sector, capturing more than 60% of the market. The airline is also placing a strong emphasis on expanding its international footprint. According to recent reports, IndiGo aims to increase the share of international operations to 40% of its Available Seat Kilometres (ASK) by FY30, up from an estimated 28% in FY25.
CEO Pieter Elbers recently emphasised IndiGo’s long-term vision: “We are committed to growing our network, enhancing connectivity, and delivering value to shareholders and customers alike.”
This milestone is a significant moment for not just IndiGo but for the Indian aviation industry as a whole, highlighting the country’s growing prominence in global air travel. As air traffic continues to rise, IndiGo’s leadership position reaffirms its status as a leader in the sector.
