Explorer

IndiGo Airlines Working With Airframe, Engine Makers To Combat Supply Issues: Report

The airline detailed the lack of availability of spare engines for its neo aircraft and noted that it is working towards ensuring the supply issues have minimum impact on the company

IndiGo Airlines has been suffering from supply chain issues, the company revealed in its annual report on Friday. The airline detailed the lack of availability of spare engines for its neo aircraft and noted that it is working towards ensuring the supply issues have a minimum economic and operational impact on the company. 

According to a PTI report, the airline is currently working with airframe and engine manufacturers to combat the issue. The company has set an aim of 100 million passengers for the current fiscal year and is further working towards setting up its sales and distribution channels for establishing a stronger international presence. 

Currently, with a fleet of more than 300 planes and operating over 1800 flights on a daily basis, IndiGo has established itself as the country’s largest carrier, the report stated. 

Talking further about its supply chain issues, the company said a failure to receive timely deliveries of essential aircraft parts, like spare engines, might have an impact on its financials. 

In addition to working with engine manufacturers, IndiGo stated it has taken many measures to work on the operational challenges being faced by the company. These efforts include reducing operational disruptions, deferring phasing out of CEOs, and extending the lease of aircrafts due to be redelivered, among others. 

Earlier this week, the company had said that it was working with U.S.-based engine maker Pratt & Whitney to check and minimise any impact on its fleet after the latter decided to inspect about 1200 of it’s engines globally for certain defects. 

Also Read : E-Invoicing To Be Mandatory For GST-Registered Firms With Rs 5 Crore Turnover From August 1

IndiGo’s A320 planes are powered by P&W engines. The airline flew about 86 million passengers in the fiscal year ended March 2023, reporting a jump of 72 per cent to the previous year and 14 per cent to the pre-pandemic record financial year of 2020. 

Talking about the outlook for the company, IndiGo CEO Pieter Elbers said the airline is looking to double in size and scale and gearing up to become a 100 million passenger airline. The carrier also plans to add one more freighter to its fleet by this year. At the moment, it has two narrow-body freighters. 

Elbers further added the company expects it’s international capacity (Available Seat Kilometre - ASK) to reach about 30 per cent in the next two years. 

Top Headlines

Nita Ambani Anant Ashray: Reliance Foundation Unveils 100-Acre Township In Karjat
Nita Ambani Anant Ashray: Reliance Foundation Unveils 100-Acre Township In Karjat
Commercial LPG Cylinder Prices Hiked By Rs 10 Ahead Of Diwali; Check City-Wise Rates
Commercial LPG Cylinder Prices Hiked By Rs 10 Ahead Of Diwali; Check City-Wise Rates
Secure supply chains, resilience key for global economy: Jaishankar
Secure supply chains, resilience key for global economy: Jaishankar
Centre Extends Cotton Import Duty Exemption Till Dec 31 To Ease Textile Industry Costs
Centre Extends Cotton Import Duty Exemption Till Dec 31 To Ease Textile Industry Costs

Videos

Political Face-Off: BJP Takes to Delhi Streets as INDIA Alliance Holds Ramlila Maidan Rally
Rally Countdown: Ramlila Maidan Awaits Rahul Gandhi and Other Senior Leaders
Political Showdown: Rahul Gandhi Leads INDIA Alliance Leaders in Open-Top Vehicle
Rally Update: Ramlila Maidan Begins Filling as INDIA Alliance Supporters Gather
Tejashwi Statement: Tejashwi Yadav Says INDIA Alliance Has United to Protect Democracy

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget