At a conference organised by the All India Management Association in New Delhi last month, Pieter Elbers, CEO of IndiGo, said his airline should be measured against global carriers, not its domestic peers.
IndiGo is India’s largest airline, lording over 60 per cent of the domestic market. Its nearest rival is not even half its size even if you combine the market shares of the four airlines in the Tata fold: Air India, Air India Express, Vistara, and AirAsia.
But it is unlikely that Elbers was showing off his market muscle at the conference. He was making the point that