IndiGo, which aims to double in size by 2030, expanded its fleet from a little over 100 aircraft in 2016 to more than 300 now, according to data compiled from its investor presentations.
The airline — which had 106 aircraft as of March 2016 — added 58 and 45 aircraft in FY19 and FY20, respectively, alone.
This period witnessed the closure of Jet Airways’ services (April 2019), resulting in faster growth for IndiGo. A year later, however, the Covid-19 pandemic disrupted the aviation industry.
In FY22, IndiGo’s size shrunk as it restructured its fleet, returning more of its older Airbus