The IndiGo Story: Inside the Upstart that Redefined Indian Aviation
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According to its management paper, this cost advantage is created through a combination of factors, including:41 • Aircraft configuration enabling a higher number of seats per aircraft. • Higher load factor and aircraft utilization driven by its point-to-point model. • Younger and advantaged fleet deal reducing ownership and maintenance costs.
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The three pillars on which IndiGo was built and continues to adhere to are: (i) On-time performance (ii) Low-cost connectivity (iii) High-service standard
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Eleven Life and Business Lessons from IndiGo 1. Dare to dream—and dream big. 2. One can succeed and succeed big the ethical way. 3. A partnership can work if it is a partnership of shared vision and shared values—not if it is just a partnership of convenience and connivance. 4. Ultimately, a business has to be run on sound business principles to succeed. 5. PR and gimmickry is no substitute for real performance. 6. A start-up, despite a great idea and market potential, has to do its homework meticulously. 7. Think ahead to remain ahead of the competition! Think like a chess grandmaster—a ...more