InterGlobe Aviation Limited

What does InterGlobe Aviation own?
InterGlobe Aviation owns and operates IndiGo, India's largest airline. The company operates a single brand with over 400 aircraft serving 120+ destinations with 2,000+ daily flights.

Is InterGlobe Aviation publicly traded?
Yes, InterGlobe Aviation is publicly traded on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) under the ticker symbol INDIGO. The company went public in November 2015.

Who founded InterGlobe Aviation?
InterGlobe Aviation was founded in 2006 by Rahul Bhatia, a travel industry entrepreneur, and Rakesh Gangwal, a former CEO of US Airways. The two partnered to create a low-cost airline for India's growing aviation market.

Where is InterGlobe Aviation headquartered?
InterGlobe Aviation is headquartered in Gurugram, Haryana, India, in the Delhi National Capital Region. The company's corporate offices and operational headquarters are located there.

What is InterGlobe Aviation's revenue?
InterGlobe Aviation reported revenue of approximately INR 795 billion for FY2025. The company has been profitable in recent years, benefiting from strong domestic travel demand in India.

Who is InterGlobe Aviation's CEO?
Pieter Elbers has served as CEO since October 2022. He previously served as President and CEO of KLM Royal Dutch Airlines. Under his leadership, IndiGo has accelerated international expansion and introduced business class seating.

InterGlobe Aviation Limited was founded in 2006 by Rahul Bhatia and Rakesh Gangwal. Bhatia was a travel entrepreneur who operated InterGlobe Technologies, while Gangwal was a former CEO of US Airways. The two partnered to create a low-cost airline for India's rapidly growing aviation market.

IndiGo launched operations on August 4, 2006, with its first flight from Delhi to Bangalore. The airline began with a single aircraft and a simple business model: low fares, on-time departures, and courteous service. The company placed an order for 100 Airbus A320 aircraft at the 2005 Paris Air Show, even before launching operations, signaling its ambitious growth plans.

Between 2006 and 2015, IndiGo grew rapidly, capturing market share from established competitors like Kingfisher Airlines, Air India, and Jet Airways. The airline's focus on operational efficiency, single aircraft type (Airbus A320), and point-to-point routing allowed it to maintain lower costs than competitors. By 2012, IndiGo became India's largest airline by market share.

In November 2015, InterGlobe Aviation went public with an IPO on the NSE and BSE. The IPO was oversubscribed and raised approximately INR 3,010 crore (about $460 million). The listing valued the company at approximately INR 27,000 crore.

In 2015, IndiGo placed a historic order for 250 Airbus A320neo aircraft, one of the largest single orders in aviation history. The company has since placed additional orders, including 300 A320neo family aircraft in 2019 and 500 aircraft in June 2023, the largest single aircraft order in commercial aviation history.

In 2019, co-founder Rakesh Gangwal resigned from the board and began reducing his ownership stake following a public dispute with Rahul Bhatia over corporate governance. Gangwal sold his shares in tranches through 2023-2024, exiting most of his position.

In 2022, Pieter Elbers replaced Ronojoy Dutta as CEO. Under Elbers, IndiGo accelerated international expansion, launching routes to Central Asia, Africa, and Southeast Asia. The airline also introduced business class seats for the first time in 2024, marking a shift from its pure low-cost model.

In 2024-2025, IndiGo continued expanding its international network, adding destinations in Africa, Central Asia, and Europe. The airline also placed orders for wide-body aircraft, including Airbus A350s, signaling a move toward long-haul international flying.

IndiGo's sustainability efforts focus on fuel efficiency and emissions reduction. The airline operates one of the youngest fleets in the world, with Airbus A320neo and A321neo aircraft that are approximately 15-20% more fuel-efficient than older generation aircraft. The airline has also adopted sustainable aviation fuel (SAF) on select routes and has committed to exploring SAF partnerships.

Key sustainability initiatives include:

• Fleet modernization with fuel-efficient Airbus A320neo/A321neo aircraft
• Paperless operations and digital initiatives to reduce waste
• Carbon offset programs for passengers
• Exploration of sustainable aviation fuel (SAF) partnerships

The company does not publish a comprehensive sustainability report aligned with GRI or SASB standards and is not a Certified B Corporation. Environmental compliance is managed through adherence to Indian aviation regulations and international aviation environmental standards.

• Best Low-Cost Airline in India - Multiple years at various aviation awards
• On-Time Performance - Consistently ranked among India's most punctual airlines by DGCA data
• World's Largest A320neo Operator - Largest operator of Airbus A320neo family aircraft globally
• Largest Aircraft Order in History - 500-aircraft order placed in June 2023

The co-founder dispute between Rahul Bhatia and Rakesh Gangwal was a significant controversy. The two founders clashed over corporate governance, related-party transactions, and board composition. Gangwal alleged that Bhatia's InterGlobe Enterprises had excessive control over the company through related-party transactions. The dispute was partially resolved through SEBI intervention in 2020, which required InterGlobe Aviation to strengthen its corporate governance practices. Gangwal subsequently resigned from the board and sold his shares.

Pratt & Whitney engine issues affecting A320neo aircraft have caused operational disruptions. Some engines experienced premature wear, requiring grounding of affected aircraft. IndiGo has sought compensation from Pratt & Whitney and has also ordered CFM International engines for some aircraft to diversify its engine suppliers.

The airline industry in India is heavily regulated by the Directorate General of Civil Aviation (DGCA) and the Ministry of Civil Aviation. IndiGo must comply with safety regulations, route allocation rules, and foreign investment limits in the aviation sector.

In 2023, IndiGo faced criticism for operational disruptions during peak travel seasons, including flight cancellations and delays. The company attributed these to supply chain issues and aircraft groundings but faced passenger complaints and regulatory scrutiny.