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The airline expects to increase its fleet by 20 percent in FY24, exceeding the 12 percent estimate given at the start of the current financial year.
The mid-70 aircraft on ground (AOG) include aircraft grounded due to supply chain issues and engine powder metal issues with its Pratt & Whitney aircraft engines.
IndiGo currently operates 176 A320neo as part of its fleet of 334 aircraft and currently has over 40 aircraft grounded due to P&W engine issues.
Pieter Elbers said the precise timing or duration and the exact impact of aircraft groundings due to the powder metal issues is not known and P&W will come out with a timeline in the coming few months.
While IndiGo did not quantify how many aircraft it expects to be grounded after January 2024, CEO Pieter Elbers added that IndiGo is confident of meeting its guidance of 15-19% fleet expansion in 2023-24 compared to a year ago