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IndiGo generates the highest ever monthly net revenue in Aug’20

In-line with its mission to support the nation, IndiGo operated over 1700 CarGo charters, transporting more than 14300 MT of supplies from April 18, 2020, till September 7, 2020. The CarGo charter flights operated across 21 destinations within India and internationally, including new stations like Bishkek in Kyrgyzstan, Cairo in Egypt, Almaty in Kazakhstan and Tashkent in Uzbekistan. IndiGo operated these flights while adhering to all the precautionary measures.

IndiGo has already transported CarGo equivalent to the loads carried in the last financial year, within the last five months at limited capacity. The airline has in fact earned marginally higher revenue over these months as compared to the earnings over the last financial year. Furthermore, at only 32 per cent of operations in Aug 2020, IndiGo successfully managed to generate the highest ever monthly net revenue with January being the last top-earning month.

Ronojoy Dutta, Chief Executive Officer, IndiGo said, “The COVID-induced lockdown this year not only posed a challenge for our business but also turned out to be an opportunity for the CarGo vertical. We operated passenger flights in ‘freighter mode’ with CarGo secured in the cabins, to domestic and international stations. We have deployed 10 aircraft for CarGo operations and will continue this arrangement even after we resume operations at pre-COVID capacities. We have learnt a lot of lessons over the last few months on the CarGo side while strengthening revenue streams and creating new records. We are proud to have played a part in maintaining and supporting supply chains in and out of the country by flying medical supplies, fresh vegetables and other export CarGo. IndiGo will continue to contribute and adapt its business to the needs of the hour”.