IndiGo CCO: 'We still believe that there is fundamental demand in the Indian market'

IndiGo CCO William Boulter reported the LCC does not plan to significantly rationalise capacity in response to a recent decrease in domestic passenger traffic growth rates in India, stating: "It is true that figures of the last couple of months have not been as good as we would like them to be but we still believe that there is fundamental demand in the Indian market" (CNBC-TV18, 24-Oct-2019). Mr Boulter added: "Especially as we go outside the metros, we are confident that we can continue to serve the smaller cities and grow presence in smaller cities" in India. He also noted "We are adding one aircraft every week but we don't have a problem in finding tasks for those aircraft".