Following its successful codeshare agreement with Turkish Airlines and Virgin Atlantic, IndiGo is seeking further partnership to expand its international network, IndiGo CEO, Pieter Elbers told analysts in a results call.
“We will continue to explore strategic partnerships in the future that will allow added connectivity for our customers and provide us with more global visibility," Elbers said.
The move comes in the wake of recently reported profit along with the airline exceeding its pre-pandemic capacity in the international market at 105% of 2019 levels.
Apart from 75 domestic and 22 international destinations, IndiGo provides services to 27 additional destinations across Europe and Asia through codeshare agreements.
Meanwhile, IndiGo anticipates a 45% increase in the upcoming fourth quarter compared to Q4 FY2022.
IndiGo posted the first profitable quarter in Q3 of FY 2023 with $15.7 million, while the airline posted a net profit of $172.8 million, almost an 11-fold increase from last year in its most recent quarter.
At its peak, IndiGo was operating 1,685 daily flights to almost 100 domestic and international destinations.
Prior to this, the airline had recorded net losses in 10 of its last 11 financial quarters.
Meanwhile, the airline increased 22 passenger and 1 freighter during the last quarter, with its overall fleet going over 300 aircraft.