IndiGo CEO Highlights India's Aviation Growth Potential

India's Aviation Sector: A Bright Future

On Tuesday, IndiGo's CEO Pieter Elbers emphasized the vast growth potential within India's aviation sector for both domestic and international markets. He described India as a 'beautiful opportunity' in comparison to China, which had significant advancements in aircraft numbers and passenger traffic a decade ago.

During a press conference in New Delhi, Elbers remarked, 'China experienced substantial growth in terms of aircraft and passenger numbers about ten years ago. Now, as we discuss this being India's moment, we recognize the immense growth potential ahead.'

Elbers shared insights from the 81st Annual General Meeting (AGM) of the International Air Transport Association (IATA), taking place in New Delhi from June 1 to 3, stating that the key takeaway from this AGM is that 'this is India's time.'

'The significant message from this AGM is that this is India's moment, and the scale, potential, and opportunities here are remarkable, allowing us to present this to the global audience,' he added.

Significance of the AGM

The previous AGM held in India was 42 years ago in 1983, and this year's event has attracted over 1,600 participants, including leading figures from the global aviation industry, government officials, and international media. Elbers expressed gratitude towards Prime Minister Narendra Modi and the Indian government for their unwavering support.

'Thanks to the Indian government's backing and their strong commitment, not just in words but through tangible actions and the Prime Minister's vision, we have successfully showcased our growth to the world, expanding and adding more destinations,' he stated.

Elbers pointed out that the domestic aviation market in India is experiencing significant growth, with even greater opportunities in the international sector. 'When considering new flights and enhanced connections between India and countries like Thailand, Malaysia, and Singapore, the potential is enormous. We are also making initial strides into Europe, with Italy presenting considerable opportunities for flights,' he noted.

Willie Walsh, the Director General of IATA, also expressed his appreciation for PM Modi, stating, 'It's very exciting. I was honored to meet the honorable Prime Minister. His attendance at the AGM underscores the vision he and the Indian government have for the industry's development here. It was inspiring to hear him discuss the future of the industry firsthand.'