Interglobe Aviation Ltd · NSE:INDIGO
Interglobe Aviation — Investor Presentation (March 2025)
70 slides from Interglobe Aviation's investor presentation, March 2025
Slide 1: InterGlobe Aviation Ltd (IndiGo) Company Presentation
Mauritius Bali Langkawi Penang InterGlobe Aviation Ltd (IndiGo) Towards New Heights & Across New Frontiers Company Presentation March 2025 Ayodhya Jagdalpur Puducherry Agatti
Slide 2: Safe Harbor
Safe Harbor This presentation by InterGlobe Aviation Limited (the “Company”) provides general background information about the Company and its activities as on the date of this presentation and is solely for information purposes. Neither this presentation nor any part thereof may be (i) used or reli
Slide 3: Company Presentation 2025
Company Presentation 2025 India and About The Path Sustained ESG - IndiGo Indian IndiGo IndiGo to Financial Green Aviation Advantage 2030 Performance © 2025 | IndiGo | All rights reserved 3
Slide 4: India and Indian Aviation
Your Departure terminal is India and Indian Aviation Ifly Gurugram Analyst Day 2025 Flight Gate Boarding Time Boarding Seat Flight 6E 2030 6E 2030 1 0935 Hrs Zone 1 1A Date 2025 PNR INAD25 Services BUSL Date 2025 Departure 1000 Seq 0001 Services BUSL Seat 1A Gate is subject to change and will close
Slide 5: India – Leading the Global Economic Growth
India – Leading the Global Economic Growth Indian economy poised for accelerated growth Real GDP growth forecast 2025 (%) India’s Nominal GDP (US$ tn) 5th largest economy by GDP size 6.5 3.6x 7.3 c.60% growth in GDP 4.5 per capita by FY2030 3.2 3.9 2.8 2.2 2.2 GDP growth primarily driven by 2.0 1.2
Slide 6: Consumption driven by favorable demographics
Consumption driven by favorable demographics Middle class and young population is burgeoning with power to spend Indian Demographic Total consumption spending Dividend underway India to continue till 2055 Rising income 2X US$ 4tn and aspirations US$ 3tn Expected to witness Largest provider growth in
Slide 7: Under-tapped domestic skies
Under-tapped domestic skies High growth potential with rising income levels and growing infrastructure Domestic seats per capita1 18% of world’s population resides in India 24x 5x c. 7 billion 4x railway passengers in FY24 3x Growing middle class and rising income levels India Vietnam Brazil China U
Slide 8: Untapped international skies
Untapped international skies Low seats per capita offer significant growth opportunity International seats per capita1 Geographical advantage with large part of population living around India 292x 74x Largest diaspora 15x for any country in the world 2x Visa free / Visa on arrival offered by 50+ cou
Slide 9: Indian Aviation Industry's unstoppable ascent
Indian Aviation Industry’s unstoppable ascent Number of passengers poised to double by 2030 +110% 510 Unmatched growth leading to doubling of passengers from 2025 to 2030 160 Strong recovery from Covid Fastest growing +20% 242 aviation market in the world +74% 202 78 61 350 116 Rising demand 46 164
Slide 10: Foundation for Take-off
Foundation for Take-off Pillars driving Indian aviation growth India accounts Indian MRO for industry to ~12% double of worldwide by 2028 vs. orderbook 2024 Growing Favorable c.80% Investments in policies and more CPLs issued Infrastructure regime in 2024 vs. 2019 Source: MoCA, Airbus & Boeing, DGCA
Slide 11: Growing Infrastructure | Airports
Growing Infrastructure | Airports Capacity augmentation supported by infrastructural development Major upcoming airports1 Number of airports 2x doubled Jewar in last 10 years 02 runways (Phase 1) Adampur Mandi Initial: 12 MPA Delhi US$ 25 bn Total: 70 MPA Bhiwadi Jewar Investments in airports Launch
Slide 12: About IndiGo
Your Departure terminal is About IndiGo Ifly Gurugram Analyst Day 2025 Flight Gate Boarding Time Boarding Seat Flight 6E 2030 6E 2030 1 0935 Hrs Zone 1 1A Date 2025 PNR INAD25 Services BUSL Date 2025 Departure 1000 Seq 0001 Services BUSL Seat 1A Gate is subject to change and will close 25 minutes pr
Slide 13: Our Board Members
Our Board Members Dr. Venkataramani Sumantran Ms. Pallavi Shardul Shroff ACM B. S. Dhanoa (Retd.) Mr. Vikram Singh Mehta Chairman and Independent Director Independent Director Independent Director Independent Director Mr. Rahul Bhatia Mr. Gregg Albert Saretsky Mr. Meleveetil Damodaran Mr. Anil Paras
Slide 14: Our Management Team
Our Management Team Pieter Elbers Gaurav M. Negi Isidro Pablo Porqueras Rajesh Kumar Singh Chief Executive Officer Chief Financial Officer Chief Operating Officer Special Director Abhijit DasGupta Riyaz PeerMohamed Sukhjit S Pasricha Saguna Vaid SVP Planning & Chief Aircraft Acquisition Group Chief
Slide 15: Our Journey of 18 years
Our Journey of 18 years… Launch of BluChip Loyalty program Introduction of “IndiGo Stretch” Becomes IndiGo goes 100+ mn (Business Class) profitable public Passengers in FY 24 Refreshed Web and App FY 07 FY 12 FY 23 FY 24 FY 25 ₹ FY 09 FY 16 FY 24 FY 25 commences IndiGo goes 100+ 500 aircraft order 3
Slide 16: India's most preferred airline
India’s most preferred airline Achieving new passenger milestones faster than ever 118 million passengers per year Chosen by millions of passengers 100passengers million each year per year 75passengers million per year Reaching 25 million Reaching 118 million passengers per year passengers per year
Slide 17: Ranked amongst the world's leading airlines
Ranked amongst the world’s leading airlines Soaring at unrivaled scale One of the Youngest airlines to Amongst the fastest 7 largest airline th welcome 100 mn passengers in a by daily departures year growing airlines in the world One of the highest One of the largest aircraft utilization in the worl
Slide 18: Mission, Customer Promises and Strategic Pillars
Mission, Customer Promises and Strategic Pillars Boost economic growth, social cohesion and mobility in India by developing our own model with affordable air connectivity and on time & hassle-free service across our country and globe Customer On-time Courteous and Affordable Unparalleled Promises pe
Slide 19: The IndiGo Advantage
Your Departure terminal is The IndiGo Advantage Ifly Gurugram Analyst Day 2025 Flight Gate Boarding Time Boarding Seat Flight 6E 2030 6E 2030 1 0935 Hrs Zone 1 1A Date 2025 PNR INAD25 Services BUSL Date 2025 Departure 1000 Seq 0001 Services BUSL Seat 1A Gate is subject to change and will close 25 mi
Slide 20: The IndiGo Advantage: Where excellence meets the skies
The IndiGo Advantage Trusted partnerships Long-term relationships Operational with Unparalleled efficiency supply chain partners network Efficient operations at scale driving performance Seamless connections and reliability across India and the world Cost Order visibility leadership till 2035 Low co
Slide 21: Strategic pillars
Clear roadmap Strategic pillars Enabling growth to achieve desired outcomes Reassure Develop Create • On-Time Performance • Digitalization • Internationalization • Affordable fares • Invest In Human Capital • IndiGo Stretch • Courteous & Hassle-Free Service • Scale Infrastructure • CarGo • Unparalle
Slide 22: Cost Leadership throughout lifecycle
Cost Cost Leadership throughout lifecycle leadership Large orders High gauge High completion rate Engineering support reduce ownership costs reduces unit costs reduces overall costs reduces downtime Amongst world’s lowest cost airlines New Generation Higher aircraft utilization Operational Network a
Slide 23: Leading the sky with Cost efficiencies
Operational Leading the sky with Cost efficiencies efficiency Low costs leads to affordable travel and unmatched value Cask ex fuel ex forex of top 10 LCCs around the world (USD cents)* for the period Oct’23 to Sep’24 9.69 7.59 6.98 7.24 6.50 5.73 4.43 2.92 3.48 3.37 EU LCC 1 EU LCC 2 EU LCC 3 US LC
Slide 24: Ranked amongst world's best in operational efficiency
Operational Ranked amongst world’s best in operational efficiency efficiency Average daily On-time performance of top 10 global airlines Highest completion rate across top global airlines departures1 6,000 79.9% 97.5% 4,700 84.4% 98.1% 4,400 82.7% 97.1% 4,000 77.6% 99.2% 2,900 65.9% 99.5% 1,600 64.6
Slide 25: Optimizing Engineering Excellence
Operational Optimizing Engineering Excellence efficiency Minimizing downtime, maximizing performance Delhi 400+ 10 16,500 sq. mtrs. Engine changes1 C-checks1 2 lines TDR of Landing-gear Bengaluru 20,000 sq. mtrs. 99.89%1 change capabilities 2 lines Exploring MRO opportunities … 1- During FY25 Techni
Slide 26: Long-term relationships with supply chain partners
Trusted Long-term relationships with supply chain partners partnerships Key supply-chain partners OEMs Operational maintenance support Redelivery support Long term Cost-effective Training Inventory and technical and and spare parts’ servicing agreements manpower support support © 2025 | IndiGo | All
Slide 27: Connecting the world one dot at a time
Unparalleled Connecting the world one dot at a time network Europe Istanbul Budapest Geneva Malta Paris Sofia Basel Amsterdam Copenhagen Heathrow Manchester Prague Stockholm Vienna 2,200+ daily flights Athens Dublin Helsinki Milan Porto Toulouse Zurich Birmingham Edinburgh Lisbon Nice Rome Varna Bru
Slide 28: India by IndiGo
Unparalleled India by IndiGo network Domestic Further densified our unparalleled domestic network IndiGo domestic network – FY15 IndiGo domestic network – FY25 c. 3.8x daily domestic departures in FY2025 vs. FY2015 c. 3.9x domestic routes in FY2025 vs. FY2015 3 lakh+ domestic passengers each day 21
Slide 29: Leading the skies across key markets
Unparalleled Leading the skies across key markets network Domestic Charting new heights one flight at a time Unmatched leadership Rank basis domestic across top 35+ airports in India, in terms of seats Delhi #1 seat share deployed Jaipur #1 Lucknow # Only airline in the world outside Ahmedabad #1 In
Slide 30: Charting new skies
Unparalleled Charting new skies network International Developed new destinations across regions and countries c. 9.7x number of seats vs. FY2015 Central Asia & Europe Destinations : 5 vs nil in FY2015 c. 28% c. 40% Middle East Destinations : 12 vs 2 in FY2015 international international capacity sha
Slide 31: Accelerated global expansion
Unparalleled Accelerated global expansion network International Connecting India to the world IndiGo international network – FY15 IndiGo international network – FY25 10+ routes, 5 destinations 100+ routes, 40 destinations 9 Indian cities connected 20 Indian cities connected Map is indicative in natu
Slide 32: Seamless connectivity through codeshare partnerships
Unparalleled Seamless connectivity through codeshare partnerships network International Partnerships with airlines across the world 10 codeshare partners c. 25% 59 destinations Increase in codeshare enabled passengers (FY 2025E vs. FY2024) Partner Airlines Agreement Type Two-way One-way One-way One-
Slide 33: Well balanced route portfolio
Unparalleled Well balanced route portfolio network Coverage across metro and non-metro stations International FY 25 Extensive coverage across length 28% and breadth of India FY 18 14% Capacity 51% 46% Non-metro 2/3 rd 32% Share % 28% to Metro of domestic capacity connecting non-metros 3% 19% Feeder
Slide 34: Strengthening growth with a solid aircraft order book till 2035
Order visibility Strengthening growth with a solid aircraft order book till 2035 Secured order deliveries till 2035 Year of order No. of Aircraft Our fleet at a glance at 28th Feb’25 CEO 2005 100 A320 NEO A320 CEO 180/ 196 26 180 NEO 2011 180 186 A321 NEO A321 NEO Dual class NEO 2015 165 85 222/ 119
Slide 35: Strong pilot pipeline to support growth plans
Agile and resilient Strong pilot pipeline to support growth plans team Cadet Pilot Program and lateral hiring to support growth plans 9 partnerships with world-class Flying Training Organizations across the world 1,000+ pilots hired through our coveted Cadet Pilot Program Highest number of female pi
Slide 36: ifly - IndiGo's world class training center
ifly - IndiGo’s world class training center Agile and resilient team Setting the standard in aviation training and excellence 180+ trainers 1st airline to implement 2,200+ employees dangerous goods CBTA trained per day training* 6 Training centers with 3+ million hours of total capacity of 3,300 tra
Slide 37: Path to 2030
Your Departure terminal is Path to 2030 Ifly Gurugram Analyst Day 2025 Flight Gate Boarding Time Boarding Seat Flight 6E 2030 6E 2030 1 0935 Hrs Zone 1 1A Date 2025 PNR INAD25 Services BUSL Date 2025 Departure 1000 Seq 0001 Services BUSL Seat 1A Gate is subject to change and will close 25 minutes pr
Slide 38: 600+ aircraft by 2030, runway for continued success
600+ aircraft by 2030, runway for continued success Pieces of the same cohesive strategy Operational Internationalization efficiency Revenue One aircraft per week Enhancement & Cost Leadership till 2030 diversification © 2025 | IndiGo | All rights reserved 38
Slide 39: …to continue the growth path
…to continue the growth path Commences Europe 1st Damp-leased operations & Delivery of B787 3 more damp-leased 1st 600+ commences operations B787s A350 aircraft FY 25E FY 26E FY 30E 2x FY 25 FY 26E FY 28E FY 30E Delivery of 131 destinations 1st c.40% XLR International capacity share Delivery of one
Slide 40: Maximizing flexibility and enhancing range
Maximizing flexibility and enhancing range New possibilities through XLRs and widebodies International A350s / Damp-leased widebodies Underserved Long Haul International routes through XLRs International Mid-Long Haul A321A321 XLR XLRs Long-term International fleet planning for Short-Mid Haul demand
Slide 41: Tailored strategy for internationalization
Tailored strategy for internationalization Domestic network coupled with internationalization and codeshare partnerships International to International Leverage India’s geographical advantage Growth International Inbound opportunity Under-penetrated opportunity with diverse tourist destinations Inte
Slide 42: Distribution reach and strength across geographies
Distribution reach and strength across geographies Enhanced customer reach through continuous channel expansion Travel Management Companies Direct Channel 12,000+ distribution partners Global Sales Online Travel 55% increase in direct sales in FY25 enhances cross sell opportunities Agents Agencies R
Slide 43: Expanding Horizons
Expanding Horizons Reach enhancement through a diverse fleet Expansion in range with widebodies from FY25 & XLRs from FY26 A321 XLR Mid Haul International A320/321 Domestic & Short-Mid Haul International ATRs Route Development within India Shift capacity mix towards A350 / B787 international Long Ha
Slide 44: International-to-International Flows
International-to-International Flows India to leverage growth opportunity India positioned CIS & West Asia Europe at key crossroad with c.65% of world’s population residing within 5-6 hours Gulf and Potential of connecting Middle East multiple regions through efficient connections South East Asia Co
Slide 45: Enhancing capabilities through XLRs
Enhancing capabilities through XLRs Maximizing reach with longer range aircraft Further expanding our wings towards new Range expansion to heights and across new frontiers 7.5 to 8.5 hours Deliveries starting in FY26 Plan to launch on routes across Asia and Europe Cabin configuration 12 Business sea
Slide 46: Curated product for the aspirational: IndiGo Stretch
Curated product for the aspirational Enhanced revenue opportunity on 10% flights IndiGo Stretch IndiGo’s business class 3x • Premium seating • Curated meals • Launched on 3 routes Economy fare Business fare 40+ A321 aircraft – 12 Stretch seats & 208 economy seats Across business & busiest routes of
Slide 47: Redesigned website and app
Redesigned website and app Enhancing customer experience through digitalization 36mn Website traffic , Increase of 82% Y-o-Y 1 3mn mobile devices, increase of 33% Y-o-Y Interactive design experience Modernized technical architecture Seamless & Intuitive booking process, ensuring unparalleled conveni
Slide 48: Continuous efforts towards ancillary revenue
Continuous efforts towards ancillary revenue Unlocking further growth in top-line Ancillary revenue per passenger (INR) + c.30% New offerings Optimizing Pre-travel assistance our offerings Added flexibility across different Hotels segments & channels 6E Add-ons Customer fiesta stickiness FY20 FY24 F
Slide 49: Rewarding customers
Rewarding customers Supporting ancillary sales and new business launch Easy to earn and Easy to burn 2 mn enrolments in 5 months 50% additional points on direct channels No blackout dates and lifetime validity Differentiated customer Increase in trips Channel incentivization & experience per custome
Slide 50: Wide domestic network supporting CarGo business
Wide domestic network supporting CarGo business Scaling cargo further with widebodies and freighters The CarGo opportunity …supported by our fleet strategy Widebodies India’s strategic location Growing exports Capacity c. 10 Tonnes1 Rising ecommerce IndiGo’s unparalleled network Freighters Capacity
Slide 51: Sustained Financial Performance
Your Departure terminal is Sustained Financial Performance Ifly Gurugram Analyst Day 2025 Flight Gate Boarding Time Boarding Seat Flight 6E 2030 6E 2030 1 0935 Hrs Zone 1 1A Date 2025 PNR INAD25 Services BUSL Date 2025 Departure 1000 Seq 0001 Services BUSL Seat 1A Gate is subject to change and will
Slide 52: Sustainable & profitable business model
Sustainable & profitable business model Profitable through industry cycles Financial year 2016 2017 2018 2019 2020 2021 2022 2023* 2024 TTM 2025# Figures in INR bn Back to Sustained financial excellence Covid impacted profitability Total Income 167 194 240 298 373 157 267 559 712 795 EBITDAR 57 54 6
Slide 53: Financial Highlights: 12 months ending Dec 24 at a glance
Financial Highlights: 12 months ending Dec 24 at a glance Total Income (in INR) 795 billion Pax welcomed 113 million +18% YoY +10% YoY Profit after tax (in INR) 61 billion Fleet 437 +79 YoY Capacity (in ASK) 150 billion Fleet age 4.9yrs +11% YoY Cargo carried c. 4,00,000 tons Employees c.67,000 Indi
Slide 54: Healthy free cash balance
Healthy free cash balance Prudent allocation to maintain balance between growth and risk from externalities Opportunities for reinvestment and expansion 3x 289 Reward Growth capital shareholders 208 Figures in INR billion Safety net Balance sheet 122 strength 89 Digitization Fleet Internationalizati
Slide 55: Fueling the next wave of innovative ideas
Fueling the next wave of innovative ideas Fostering innovation and entrepreneurship Strategic Industry Direct Market Insights access Focused on Investment of Aviation & Technical & functional Partnership INR 300 crores allied sectors expertise opportunities in next 3-4 years © 2025 | IndiGo | All ri
Slide 56: Comprehensive, multi-layered digital strategy
Comprehensive, multi-layered digital strategy Digital initiatives to be future-ready Key areas Building digital capabilities Key developments Lab37 6ESkai AI-enabled chatbot to Customer assist customers and resolve queries Innovation Lab Cyber Security 6E Digi Employees Breathalyzer Mobile app to pe
Slide 57: Managing risks effectively
Managing risks effectively Robust risk management processes Risk Management Process Key external factors Mitigation measures Fuel efficient fleet Monitor Fuel volatility Fuel efficient practices Set Objectives Hedging Foreign exchange volatility International expansion Control activities Secondary m
Slide 58: Effective mitigation strategies for managing groundings
Effective mitigation strategies for managing groundings Scaling capacity amid constraints Aircraft on ground trajectory Mid 70s Peak AOG in Q2 FY25 Early Double-digit capacity growth in FY25 despite short-term headwinds Damp Leases 40s Proactive strategy Mitigation Secondary measures Leases through
Slide 59: Fleet Financing Strategy
Fleet Financing Strategy Optimizing with diverse sources of financing February 2022 February 2025 Operating lease partners ECA Owned Operating ECA leases Finance Operating leases leases Damp leases 277 439 Finance lease & ECA partners Balanced financing approach to lower overall leasing costs Future
Slide 60: Flight to financial year 2026
Flight to financial year 2026 Capacity Fleet Passengers Destinations Employees Growth New Deliveries Growth Add Increase Early double digits more than 1 aircraft per Early double digits c.14 destinations + c.3,000 employees week © 2025 | IndiGo | All rights reserved 60
Slide 61: ESG - IndiGo Green
Your Departure terminal is ESG - IndiGo Green Ifly Gurugram Analyst Day 2025 Flight Gate Boarding Time Boarding Seat Flight 6E 2030 6E 2030 1 0935 Hrs Zone 1 1A Date 2025 PNR INAD25 Services BUSL Date 2025 Departure 1000 Seq 0001 Services BUSL Seat 1A Gate is subject to change and will close 25 minu
Slide 62: ESG I Environment
ESG I Environment Levers for decarbonization: Focusing on young fleet strategy and operational excellence gCO2 emissions per ASK* Fleet mix profile 74.6 28% 23% 56% 80% Projection 60.5 72% 77% 57.5 44% 20% FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY Mar-18 Mar-20 Mar-22 Feb-25 16 17 18 19 20 21 22
Slide 63: Amongst lowest CO2 emitting airline globally
Amongst lowest CO2 emitting airline globally Investment in new generation fleet helps in reducing CO2 emissions gCO2 emission per ASK Asia & Australia EMEA Americas 103.3 104.5 94.2 94.8 96.0 96.1 90.4 90.0 92.4 84.6 82.4 83.2 86.0 80.2 76.6 78.0 78.1 69.7 69.2 71.1 71.7 66.0 62.6 60.5 49.2 Source:
Slide 64: Social I CSR
Social I CSR We reach out not just with our planes, but also, with our hearts Waste r Touch Enhanced Skill development ve ing 177k management co liv livelihood initiatives for processes to en opportunities for 1,000 es promote E gre Saplings Y 113k wi planted and 29 G Individuals from Q Enhancing th
Slide 65: Social | Customers
Social | Customers Customer Centric Endeavors Courteous and Hassle-Free service throughout customer’s journey 24% improvement in response time in FY25 vs. FY24 Ranked 6th amongst world’s best low-cost airlines at Skytrax World Airline Awards 2024 Ranked 2nd amongst Top 10 Strongest Airline Brands by
Slide 66: ESG I Social
ESG I Social Upholding highest standards of integrity, diversity, fairness, and transparency 44% of 6E members are women Creating safety culture through simulated emergency drill Zero fatalities due to workplace accidents in FY24 Promoting Diversity In FY24, on-boarded 130+ employees with disabiliti
Slide 67: ESG I Governance
ESG I Governance Fostering trust with governance Launched Ethics Boosted Infrastructure security through quarterly magazine cloud migration EthiTimes 4.23 / 5 avg.(FY24) Inherent with Data Protection policies annual Ethics survey score Bitsight security rating of 800 Diverse set of independent direc
Slide 68: Our ESG efforts | Externally acknowledged
Our ESG efforts | Externally acknowledged FY 2022 FY 2023 FY 2024 1 Awards 26 36 46 [ESG Score with scale 0-100; higher being better] B BB BBB National Energy Conservation Award 2024 by Ministry of Power, [ESG Rating with scale CCC-AAA with AAA being best] Govt. of India 29.4 30.5 awaited [ESG Risk
Slide 69: Awards and Accolades
Awards and Accolades Every accolade is proof of our unwavering commitment CH Aviation Airline of the Year World's Youngest Best Airline Cargo 2024 Aircraft Fleet 2025 Award 2024 NCPEDP Helen Keller DEI Champion Dubai Airport Award 2024 Award Excellence Award 2024 © 2025 | IndiGo | All rights reserve
Slide 70: Contact us
Contact us: Investor.relations@goindigo.in
InterGlobe Aviation Ltd (IndiGo) — Investor Presentation (March 2025) on 6ix