IndiGO Airlines reported on November 7 that about 30 aircraft are grounded as a result of “supply chain problems,” adding that the nation’s largest airline is looking into wet leasing of aircraft as well as other possibilities to expand operations.
At the end of September, the airline, which is also the seventh largest in the world in terms of daily departures, had 279 aircraft in its fleet. The pilot currently flies to 100 destinations, including 26 international ones, on more than 1,600 daily flights.
A source claims that 30 IndiGo aircraft are grounded as a result of supply chain issues.
When reached, an IndiGo representative told PTI that approximately 30 planes remain grounded and added that the aviation sector is still experiencing substantial supply chain delays on a worldwide scale.
“While it is our top goal to deploy sufficient capacity to service our customers, we are actively working with our OEM partners to develop mitigating measures that should assure the continuity of our network and operations.”
The statement continued, “We are attempting to minimise the economic impact of around 30 AOG (Aircraft on Ground), arising from this global interruption, as we work on different cost-efficient solutions with our OEM partners.”
The airline is considering reducing the number of redeliveries through lease extensions, investigating the possibility of adding new aircraft to the fleet, and assessing the wet lease possibilities within the confines of the law.
“We are bullish on the market potential and will keep adding flights in both existing and new markets.”
The airline declared
Over 57% of the home market is controlled by the IndiGo.
On November 1, the aviation consulting company CAPA reported that more than 75 aircraft operated by Indian airlines are now grounded because of maintenance and engine-related concerns.
These aircraft, which make up 10% to 12% of the Indian fleet, are grounded because of maintenance or engine-related problems. In its India Mid-Year Outlook 2023, CAPA had stated that “they will have a considerable influence on financials in the second half.”
On November 4, IndiGo CEO Pieter Elbers stated that the airline’s operations have been hampered by the grounding of aircraft owing to supply chain disruption in aircraft manufacture and a subsequent global scarcity of spare engines.
He had stated that the difficulties were pushing them to “force us to look at alternative ways and means in order to ensure that we have the capacity to operate.”
Due to increasing fuel prices and a foreign exchange loss, IndiGo’s parent company InterGlobe Aviation reported an increase in loss for the September quarter to 1,583.34 crore.
Also read:
ICAO Audit Of The Indian Aviation Industry Will Begin On November 9 | Exclusive
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