IndiGo reports highest-ever monthly revenue in Aug as cargo operations increase

September 14, 2020: At only 32 percent of operational capacity and with increased cargo operations, IndiGo managed to generate its highest ever monthly net revenue in August 2020 with January being the last top-earning month.

The Indian airline operated over 1700 cargo charters and transported 14300 MT of supplies from April 18 to September 7. The cargo charter flights operated across 21 destinations within India and internationally, including new stations like Bishkek in Kyrgyzstan, Cairo in Egypt, Almaty in Kazakhstan and Tashkent in Uzbekistan.

IndiGo has already transported cargo equivalent to the loads carried in the last financial year, within the last five months at limited capacity. The airline has, in fact, earned marginally higher revenue over these months as compared to the earnings over the last financial year.

Ronojoy Dutta, chief executive officer, IndiGo said, “The Covid-induced lockdown this year not only posed a challenge for our business but also turned out to be an opportunity for the cargo vertical. We operated passenger flights in ‘freighter mode’ with cargo secured in the cabins, to domestic and international stations. We have deployed 10 aircraft for cargo operations and will continue this arrangement even after we resume operations at pre-covid capacities. We have learnt a lot of lessons over the last few months on the cargo side while strengthening revenue streams and creating new records.”