IndiGo Success Story: The country’s largest airline, IndiGo, became the world’s most valuable airline on Wednesday according to market capitalization. However, after some time, it came back to the second position. According to Bloomberg, IndiGo achieved this position by defeating America’s Delta Airlines. It remained the world’s most valuable airline for about an hour, then IndiGo came back to the position of the second most valuable airline.
IndiGo’s stock reached a 52-week high on Wednesday. Due to this, the company’s market cap became Rs 2.01 lakh crore or $23.24 billion. While Delta’s market cap was $23.18 billion. In this way, India’s IndiGo became the world’s most valuable airline. However, by the time the market closed, the strength of IndiGo’s stock decreased somewhat, and its market cap came down to $23.16 billion. In this way, Delta again became the number 1 valuable airline.
This is a big achievement for IndiGo. The company started commercial operations in August 2006. Whereas America’s Delta has been flying since 1925. It is worth noting here that about six years ago, Delta’s market cap was $36.67 billion and IndiGo’s was $7.72 billion. Today there is not much difference in this. IndiGo is India’s largest airline in terms of market share. It dominates the Indian skies.
The country’s largest airline, IndiGo, has an on-time performance (OTP) ranking that is better than other airlines. In May last year, IndiGo’s OTP was 78.2%. Even though it has decreased a bit compared to earlier, it is more than other airlines like Air India. IndiGo has been successful in winning the trust of passengers, and investors’ trust has also increased in it. This is the reason why the company is performing well in the stock market as well. So far this year, IndiGo’s stock has gained 13.04%, despite the market facing a major decline in several sessions.
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IndiGo had 437 aircraft in its fleet by the end of 2024. The airline is constantly engaged in improving itself. It is strengthening its position in the sky as well as increasing passenger facilities. This is the reason why it remains the number 1 airline in the country at the moment. IndiGo has a share of more than 62% in the Indian sky, while Tata Group’s Air India Group has a market share of around 27%. It is followed by Akasa Air and then SpiceJet.
We’re all set to #IndiGoStretch between #Delhi and #Hyderabad, W.E.F. 15th April 2025, with fares starting at ₹18,320*. Book now: https://t.co/BlbQmXW7XZ #goIndiGo pic.twitter.com/LGnQkR0W2v
— IndiGo (@IndiGo6E) April 5, 2025
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