InterGlobe Aviation (INDIGO) Investor Day 25/26 presentation summary

Market and industry outlook

• India's aviation market is set for multi-year growth, driven by rising consumption, a growing working-age population, and increasing disposable income, with outbound trips expected to triple over the next decade.

• India remains underpenetrated in aviation, with only 4% of global traffic despite 18% of the world's population, and domestic RPK projected to grow at a 9% CAGR from 2024 to 2044.

• Premiumization, experiential spending, and international travel are rising, with Gen Z expected to drive half of India's consumption by 2030.

• Inbound tourism offers significant potential, with India ranking high in UNESCO sites and religious tourism.

• Infrastructure growth, fleet expansion, and policy support are fueling the sector, with 50 new airports planned in five years and Indian carriers' orderbooks exceeding 1,700 aircraft.

Strategic vision and growth plans

• The vision is to be India's preferred airline for connectivity and a leading global carrier, focusing on affordable fares, on-time performance, and a seamless network.

• Plans include expanding to 3,000 daily departures and 200 million passengers by FY2030, with a fleet of over 550 aircraft.

• International capacity is targeted to reach 40% by FY30, supported by new widebody and XLR aircraft for long-haul expansion.

• The network will continue to grow both domestically and internationally, with a focus on connecting non-metro cities and expanding codeshare partnerships.

• Product offerings are tailored for diverse customer segments, including premium and business travelers, with innovations like IndiGoStretch and BluChip loyalty program.

Operational excellence and financial performance

• Maintains industry-leading on-time performance (OTP) and completion rates, ranking among the top 10 global airlines.

• Demonstrates resilience and rapid recovery from disruptions, with disciplined execution and robust risk management.

• Sustained financial performance with revenue of INR 895 billion in FY26, profit ex-fx of INR 75 billion, and a healthy free cash balance of INR 362 billion.

• Cost leadership is achieved through a young, fuel-efficient fleet, high aircraft utilization, and low distribution costs, resulting in one of the lowest CASKs globally.

• Balanced fleet financing strategy with a mix of operating leases and ownership, aiming for 30-40% owned fleet by FY30.