Low-cost carrier IndiGo is getting set to go international. The budget airline has unveiled plans to start international operations to Dubai, Bangkok and Singapore from September 1, this year. IndiGo will be the first low-cost Indian airline which will deploy eight-nine aircraft to service these routes.
After five years of domestic operations, the airline will fly to these international operations from Delhi, Mumbai and Calcutta, reports CNBC-TV18's Mehak Kasbekar.
As an inaugural offer, IndiGo is offering return fares at Rs 9,999 from these destinations.
The airline plans to expand its fleet to 60 aircraft by December 2012 from 39 now, said president Aditya Ghosh.
Owned by InterGlobe Enterprises and industry veteran Rakesh Gangwal, a former chief executive of US Airways, IndiGo is the third-largest domestic carrier with about a fifth of the market share behind Jet Airways and Kingfisher.
Buyoed by a rising demand in Asia's third-largest economy, IndiGo in January agreed to buy 180 planes from Airbus for an estimated USD 15.6 billion in the largest jet order in commercial aviation history.
IndiGo had said it was considering all options including an initial public offering to finance the plane order.
India's domestic carriers carried 19 million passengers this year through April, 18% more than the corresponding period last year. (With inputs from Reuters)
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!