IndiGo Airlines has secured its position as the world’s second fastest-growing airline in seat capacity, marking a 10.1% year-on-year increase to over 134.9 million seats in 2024, according to data from the Official Airline Guide (OAG). The airline trails just behind Qatar Airways, which recorded a 10.4% rise over the same period.
In addition to seat capacity, IndiGo also leads in flight frequency growth, registering a 9.7% increase year-on-year in 2024. The airline conducted 749,156 flights throughout the year, further solidifying its rapid expansion.
OAG data reveals that IndiGo holds one of the largest aircraft orders globally, with over 900 aircraft on order. In 2024 alone, the airline received 58 new Airbus planes, the highest among global carriers. However, approximately 80 aircraft remain inactive due to maintenance and supply chain disruptions.
Currently, 88% of IndiGo’s capacity is dedicated to domestic routes, but international expansion remains a major focus. The airline has concentrated its 2024 growth on Middle Eastern markets and Thailand, while long-term plans include introducing low-cost long-haul services. IndiGo is considering accelerating these plans by acquiring wet lease aircraft in 2025.
Financially, IndiGo reported a net profit of $294 million in the October-December quarter, marking an 18% decline compared to the previous year. Despite the profit dip, operational revenue grew 14% to $2.65 billion, with total income reaching $2.76 billion—a 14.6% year-on-year increase.
The airline’s total expenses rose 19.9% to $2.46 billion, while EBITDA increased slightly by 0.7% to $621 million. IndiGo’s load factor improved to 86.9%, up from 85.8% in the previous year’s corresponding quarter.
With robust growth, strategic expansion, and a strong aircraft pipeline, IndiGo continues to shape its future as one of the world’s leading airlines.
