IndiGo in Talks for ‘Large’ Airbus Order

Indigo, a major airline in India, is expanding rapidly both domestically and internationally. It has ordered a large number of aircraft, controlling nearly 50% of the Indian market. The airline is financially strong, with over $2 billion in cash reserves, allowing it to fund its expansion without external financing. Indigo's consistent profitability over the years has enabled it to maintain a competitive edge in the aviation industry.

Why is Indigo able to expand aggressively?

What has been the financial performance of Indigo compared to its rivals?