IndiGo's 30 planes grounded due to supply chain disruptions

IndiGo on Monday said that around 30 aircraft are grounded due to supply chain disruptions and the countrys largest airline is evaluating wet leasing of planes and other options to boost operationsAt the end of September the carrier also the worlds seventh largest in terms of daily departures had 279 aircraft in its fleet It operates more than 1600 daily flights and currently flies to 100 destinations including 26 international onesAccording to a source 30 planes of IndiGo are grounded due to supply chain problemsWhen contacted an IndiGo spokesperson on Monday confirmed to PTI that around 30 aircraft are on the groundThe spokesperson said that globally the aviation industry continues to face significant supply chain disruptionsWhile it is our immediate priority to deploy adequate capacity to serve our customers we are actively engaged with our OEM partners to work on mitigation measures that should ensure the continuity of our network and operationsAlso read Centre opposes plea before Delhi HC assailing provisions of surrogacy lawAs we work on various costefficient countermeasures with our OEM partners the endeavour is to minimise the economic impact of around 30 AOG Aircraft on Ground resulting from this global disruption the spokesperson saidThe airline is looking at slowing down redeliveries through lease extensions exploring the reinduction of aircraft into the fleet and evaluating the wet lease options within the regulatory guidelinesWe are bullish on the market opportunities and will continue to add flights in existing and new markets the airline saidThe carrier has a domestic market share of more than 57 per centOn November 1 aviation consultancy firm CAPA said that more than 75 planes of Indian carriers are currently grounded due to maintenance and enginerelated issuesThese planes which account for around 1012 per cent of the Indian fleet are grounded due to maintenance or enginerelated issues These will have a significant impact on financials in the second half CAPA had said in its India MidYear Outlook 2023During an earnings call with analysts on November 4 IndiGo CEO Pieter Elbers said supply chain disruption in aircraft manufacturing and subsequent shortage of spare engines worldwide have impacted the airlines operations due to the grounding of aircraftThe challenges are forcing us to look at different ways and means in order to make sure that we have the capacity to operate he had saidIn the September quarter IndiGos parent InterGlobe Aviation reported a widening of loss to Rs 158334 crore due to higher fuel costs and foreign exchange lossThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever