IndiGo’s focus is to build a “large air transportation network” and to “grow profitably”, the budget airline’s chief Aditya Ghosh said. “You sell every seat at Rs 10, all your flights would be full and you will have the highest Passenger Load Factor (passenger occupancy). It is a sure shot way of running a bankrupt airline,” Ghosh said. The low-cost carrier’s domestic market share touched an all-time high of 42.6% in October with industry experts predicting it would soon cross the 50% mark. The combined domestic market share of Jet Airways, Air India and SpiceJet – the three biggest players after IndiGo – stood at 43% in October.

Source: Hindustan Times November 28, 2016 05:53 UTC