New Delhi
IndiGo, one of India’s largest airlines, has approved a capital investment of USD 820 million (Rs 72,940 million) in its fully owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC). The investment will be made through a combination of equity shares and 0.01 percent Non-Cumulative Optionally Convertible Redeemable Preference Shares (OCRPS), in one or more phases, the airline said in a statement.
The funds raised by IndiGo IFSC will mainly be used to acquire aviation assets, enabling the airline to own aircraft directly. Traditionally, IndiGo’s fleet relied heavily on operating leases. However, the company has recently focused on a more balanced ownership approach and diversified financing methods to strengthen its business model.
This move reflects IndiGo’s aim for careful capital allocation and sustainable growth for stakeholders. The airline operates over 400 aircraft and runs about 2,300 daily flights, connecting more than 90 domestic and 40 international destinations. In 2024, IndiGo inducted 58 new aircraft and served over 118 million passengers in the financial year 2025.
IndiGo’s efforts to expand and modernize its fleet have earned recognition as the ‘Best Airline in India and South Asia’ at the Skytrax World Airline Awards 2025. Analysts say the investment is expected to enhance IndiGo’s operational flexibility, reduce dependence on leased aircraft, and support its long-term growth strategy. The airline continues to be one of the fastest-growing carriers in the world, combining fleet expansion, customer service improvements, and strategic investments to maintain its leading position in India and international markets.
