IndiGo's Rise: From Rented Plane to India's No.1 Airline

• IndiGo, founded in 2006 by Rahul Bhatia and Rakesh Gangwal, became India's number one airline after starting with a single rented plane.
• The airline's success is largely due to its "Sale and Leaseback" model for aircraft, which ensures new planes and maintains cash flow.
• Key strategies include a strong focus on punctuality, operating a single type of aircraft (Airbus A320) for efficiency, and strict cost control.
• IndiGo now commands nearly 60% of the Indian aviation market and has a market value of Rs. 1.76 lakh crore.

Why It Matters: IndiGo's success offers a blueprint for strategic market dominance.