IndiGo feels lure of regional skies; no firm plans yet

Dec 15 2013, 22:04 IST
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IndiGo is now eyeing the regional commercial aviation market of tier II and III cities (AP) IndiGo is now eyeing the regional commercial aviation market of tier II and III cities (AP)
SummaryIndiGo is now eyeing the regional commercial aviation market of tier II and III cities

of rising input costs. “The weak rupee and high fuel prices are putting pressure on margins. Airlines are dependent on currency costs. But the religion in IndiGo is to keep prices low, otherwise I don’t think we can grow at 20-30% annually. What you are seeing right now is an anomaly,” he said.

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