Indigo by any standard is a phenomenal success story. Starting out as the third player (after GoAir and SpiceJet) in 2005, it has captured a marketshare that is likely to cross 45% soon. Bangalore Aviation presents analysis on the company and where it will likely head: Capacity growth Indigo FY13 FY14 FY15 FY16 FY17E Fleet growth Base 17% 22% 14% …

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