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IndiGo receives IATA membership certificate

Posted On: 2019-11-27 17:52:18

Certificate received by President and COO, Wolfgang Prock-Schauer in Gurgaon today

In-line with the recent announcement of IndiGo joining IATA, the airline received its membership certificate today in Gurgaon. Conrad Clifford, Regional Vice President for Asia Pacific, IATA presented the certificate to Wolfgang Prock-Schauer, President and COO, IndiGo at their office premises in Gurgaon. The membership will help IndiGo align to global practices developed by IATA and further strengthen the airline's partnership portfolio.

IndiGo recently announced a one-way codeshare with Qatar Airways and partnered with Turkish Airlines in December 2018 to expand its international presence. As part of its expansion strategy, IndiGo entered into new markets including Turkey, Kingdom of Saudi Arabia, China, Myanmar and Vietnam in 2019, commencing operations to multiple cities in each market.

At the occasion, Mr. Wolfgang Prock-Schauer, President and COO, IndiGo said, "This is a strategic milestone, as the airline steers its focus towards international expansion. Being a member of IATA will help IndiGo grow its network faster by building relationships with other airlines, after the recently announced codeshare with Qatar Airways and almost a year-long successful partnership with Turkish Airlines. IATA membership becomes more critical at this time, as it will be important for us to achieve our mission of making IndiGo the best air transportation system in the world".

On the occasion, Mr. Conrad Clifford, Regional Vice President for Asia Pacific, IATA said, "We are delighted to welcome IndiGo to the IATA family. Our 290+ member airlines connect people, deliver goods, link economies, spearhead development and enrich our societies. That's why we call aviation the business of freedom. IndiGo is our fourth member from India-a market with huge potential and many challenges. The success of IndiGo in India is truly inspirational. We look forward to working with the IndiGo team to help shape industry standards, best practices and policies that ensure the safe, efficient and sustainable growth of aviation, in India and globally".

One of the fastest growing low-cost carriers globally, IndiGo, has redefined air travel in the country over the last 13 years with its affordable, on-time, courteous and hassle-free flying experience. Having flown more than 300Mn happy customers, the airline currently operates close to 1500 daily flights to 60 domestic and 23 international destinations, with a fleet of 247 aircraft. IndiGo has been further strengthening its position with rapid domestic and international expansion this year. The airline has been recognised at various Indian and global platforms for its focussed L&D, consistent on-time performance and stupendous growth.

IndiGo is currently an IOSA registered airline and IATA Clearing House member. IATA is the global trade association for the airline industry, representing over 290 airlines.

Shares of InterGlobe Aviation Ltd was last trading in BSE at Rs.1425 as compared to the previous close of Rs. 1412.75. The total number of shares traded during the day was 60197 in over 3153 trades.

The stock hit an intraday high of Rs. 1441 and intraday low of 1393. The net turnover during the day was Rs. 85552001.


Source: Equity Bulls

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