NEW DELHI: Low-cost carriers IndiGo (InterGlobe Aviation Ltd) and Air India Express have been ranked among the top five cheapest airlines in the world in providing international flights.
Air India Express, the wholly-owned subsidiary of state-run carrier Air India has been ranked second and the budget carrier IndiGo placed at fifth position in a Global Flight Pricing Report prepared by Melbourne-based Rome2Rio—a multi modal travel planning site.
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India’s largest airline is scrambling to maintain operational normalcy, at a significant cost to investors and flyers.
On March 12, IndiGo had to ground eight of its Airbus A320neos—the firm has over 150 planes of various makes—following orders from the Indian aviation regulator, the directorate general of civil aviation (DGCA). Last month, the DGCA had grounded three of its aircraft. The 11 grounded planes, which could accommodate over 15,000 passengers daily, are costing the company heavily.
Credit: qz.com