IndiGo, India’s leading budget carrier, is reportedly exploring the introduction of a premium class on its flights as part of its strategic expansion plans. With a robust domestic market share exceeding 62%, the airline aims to attract more business travelers and compete on international routes, particularly targeting Air India’s market. According to sources, the proposed premium class would be featured in 35 Airbus A321 aircraft, offering enhanced services such as extra legroom, priority boarding, and complimentary in-flight meals for passengers willing to pay extra.
The move comes amidst IndiGo’s impressive financial performance, with its parent company, InterGlobe Aviation, posting a net profit of Rs 189 crore in the second quarter of the fiscal year 2023-24. This marks a significant turnaround from the net loss of Rs 1,583.33 crore reported in the same period last year. The airline attributes its revenue surge of nearly 20% to increased domestic travel demand in India over the past three quarters.
In addition to the potential premium class, IndiGo is considering expanding its offerings by introducing hot food and a loyalty program by the end of 2024. The airline’s fleet expansion plans include the induction of Airbus A321 XLR aircraft from 2025, featuring business class seats and increased leg space in economy seats, signaling its intention to venture into longer flights and European destinations.
With a focus on maintaining leadership in both domestic and international markets, IndiGo’s strategic moves align with the growing demand for air travel, providing passengers with an array of options and services in the competitive aviation landscape.