Budget Carrier IndiGo Has Solid and Healthy Financial Basis, CEO Says

Pieter Elbers, chief executive officer of IndiGo, discusses the prospects for India’s biggest airline. Earlier this month the budget carrier reported a profit for a fifth straight quarter as it captured a higher share of passenger traffic during the period. And the airline said its out of service aircraft have increased to “mid-70s” from 40 in the previous quarter due to required inspections of Pratt & Whitney GTF engines. Elbers speaks on the sidelines of the “Aviation Festival Asia 2024” in Singapore on “Bloomberg Markets: Asia.”