New Delhi: IndiGo CEO Pieter Elbers has mentioned that IndiGo is totally compliant with all regulatory frameworks governing its operations with plane leased from Turkish Airlines, including that the choice to resume these leases lies with the Indian authorities.
“It is vital to recognise that the operation to Istanbul is happening within the context of the Air Service Agreement (ASA) between India and Turkey. IndiGo is totally compliant with all regulatory frameworks and laws that are there. We have hundreds of Indian clients booked principally past Istanbul,” Elbers mentioned on Wednesday throughout a media interplay on the airline’s fourth-quarter and full-year monetary outcomes for 2024-25.
IndiGo operates direct flights to Istanbul utilizing two Boeing 777 plane leased from Turkish Airlines, and provides codeshare connections to Europe and the US by means of its partnership with the Turkish provider.
The lease agreements for the Boeing 777s are legitimate till May 31. “…The determination to resume these leases lies with the Indian authorities,” Elbers famous. The IndiGO CEO’s remarks got here days after the Bureau of Civil Aviation Security (BCAS) revoked safety clearance for Turkish firm Celebi Airport Services India Pvt Ltd on May 15, citing nationwide safety considerations.
The revocation of the safety clearance follows mounting tensions between India and Turkey over the latter’s diplomatic and navy ties with Pakistan. Meanwhile, IndiGo reported a report revenue after tax of Rs 3,067.5 crore for the January-March quarter, marking a 62 per cent bounce from Rs 1,894.8 crore in the identical interval final 12 months.
“Driven by robust demand for air journey and execution of our technique, for the monetary 12 months ended March 2025, IndiGo reported a wholesome web revenue of Rs 72,584 million. Excluding the impression of international trade, IndiGo reported a web revenue of Rs 88,676 million, sustaining related robust efficiency to the final 12 months. For the quarter ended March 2025, IndiGo reported a web revenue of Rs 30,675 million, the best fourth quarter ever,” the airline mentioned in an announcement.
The airline additionally introduced the launch of direct long-haul flights from Mumbai to Manchester and Amsterdam beginning July, marking its debut in long-haul worldwide operations.
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