IndiGo eyes international growth as Q3 profit more than doubles

IndiGo will focus on increasing capacity on routes outside its home market to ensure an even split between international and domestic services, after facing strong competition from other LCCs within India. IndiGo CE Ronojoy Dutta said the carrier was “moderating ourselves to be 50% domestic and 50% international” to shift the balance away from “metro to metro” markets. The airline revealed Monday a more than doubling of net profits to US$69m in the 3 months ended Dec 31. Dutta said strong competition from other LCCs on routes linking large Indian cities – which “used to be our strongest market” – but notes that “non-metro markets are doing very well”. As it stands, IndiGo’s proportion of capacity and revenue on international routes is “marching towards 25%”, says Dutta. <br/>