IndiGo's total expenses in the first quarter rose about 24% to Rs 17,449 crore,

IndiGo's total expenses in the first quarter rose about 24% to Rs 17,449 crore, with aircraft fuel expenses

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Abhishek Kumar Singh New Delhi
2 min read Last Updated : Jul 29 2024 | 6:31 PM IST
Costs for Indian airlines are expected to rise 3.8% in fiscal 2025, a top aviation consultancy said last month.

IndiGo's total expenses in the first quarter rose about 24% to Rs 17,449 crore, with aircraft fuel expenses accounting for about 37% of the costs. Its aircraft rental costs more than tripled.

According to Redseer, E2W penetration in India is expected to expand from approximately 5.4 per cent of domestic two-wheeler registrations in FY24 to 41-56 per cent of domestic two-wheeler sales volume by FY28. The Indian E2W industry is expected to grow at a compound annual growth rate (CAGR) of 11 per cent to reach a size of $35 billion (Rs 2.8 trillion) to $45 billion (Rs 3.6 trillion) in FY28.

IndiGo's total expenses in the first quarter rose about 24% to Rs 17,449 crore, with aircraft fuel expenses accounting for about 37% of the costs. Its aircraft rental costs more than tripled.


 
According to Redseer, E2W penetration in India is expected to expand from approximately 5.4 per cent of domestic two-wheeler registrations in FY24 to 41-56 per cent of domestic two-wheeler sales volume by FY28. The Indian E2W industry is expected to grow at a compound annual growth rate (CAGR) of 11 per cent to reach a size of $35 billion (Rs 2.8 trillion) to $45 billion (Rs 3.6 trillion) in FY28.

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First Published: Jul 29 2024 | 12:20 PM IST

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