Things have improved rapidly, don't need QIP: IndiGo CEO Ronojoy Dutta

'If we project our cash flow for the next two years, it's only rising', said Dutta

IndiGo CEO Ronojoy Dutta sounds relieved that the airline is back to flying almost at full capacity. In March 2020, when the government announced a stringent lockdown, Indigo’s entire fleet of 250 plus aircraft was grounded for two months. Dutta speaks to Arindam Majumder about IndiGo’s expansion plans, fund-raising, competition from new players and more. Edited excerpts:

From all accounts, IndiGo has come out stronger from the Covid crisis. What is the view from the cockpit?

Everyone says never waste a crisis. When we went into Covid and we were in total lockdown, we were at work. The planes were not flying