Sharp Daily
No Result
View All Result
Saturday, June 28, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Indian Airline Company (Indigo) Eyes The Kenyan Market

David Musau by David Musau
June 7, 2023
in News
Reading Time: 1 min read

Indigo is one of the largest airlines in India, with the largest share in the domestic market of 57.5% and a fleet of about 300 aircraft operating across the world. At the beginning of June 2023, the airline announced a step up in its international operations by adding six new destinations across Asia and Africa. In its report released on 2nd June 2023, the company will connect Nairobi and Jakarta, Indonesia, with flights from Mumbai this August.

According to the newly appointed CEO, Peter Elfers, the strategy is part of a large-scale expansion aimed at gearing up the company to achieve new heights worldwide. This move would increase the company’s international destinations from the current 26 to 32, in addition to 78 existing domestic destinations.

The existing market gap in Kenyan airline services, brought about by the fact that Kenya is one of the largest Indian destinations for Indian business people and Kenyans flying to India for medical services and pursuing job opportunities, will be reduced.

However, this threatens Kenya Airways, which also operates on the same route (Nairobi- Mumbai). Kenya Airways has been struggling recently, recording a net loss of Kshs 38.2 billion at the end of December 2022, with the government taking USD525 million debt guaranteed to KQ following a default by the company.

RELATEDPOSTS

Opinion: Austerity wrong medicine for Kenya’s economy.

June 16, 2025

Breaking the 9-to-5: Is the gig economy the future of work?

June 10, 2025

This new competition from IndiGo will probably worsen the situation for KQ if the government does not intervene and approve the recently denied bailout for Kenya Airways in the coming financial year.

Previous Post

Investment Vs Business

Next Post

Kenya’s Resilient Economy Shows Growth Amidst Challenges, World Bank reports

David Musau

David Musau

Related Posts

News

Private vs Public Pension Funds in Kenya

June 27, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025

LATEST STORIES

Private vs Public Pension Funds in Kenya

June 27, 2025

The mechanics of currency manipulation

June 27, 2025

Understanding how to access your pension savings in Kenya.

June 27, 2025

What happened to president Ruto’s economic dream?

June 27, 2025

Opinion: Populism feeds votes, not growth

June 27, 2025

Competitive advantages of small businesses

June 26, 2025

Opinion: Invest in sports for national prosperity

June 26, 2025

Ethiopia’s access to Eritrean ports is a game-changer for trade

June 26, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024