IndiGo has become the most valuable airline in the world..!?

Sowmiya Sriram
IndiGo has become the most valuable airline in the world..!?

IndiGo, which has demonstrated its undisputed dominance in the domestic aviation sector, reached an interesting position on Wednesday. Even if only for a short while, it became the most valuable airline in the world by market value. It was ranked number one. However, it was limited to second place after indigo, which had been in this position for a while based on share price. With this, indigo has become the second most valuable airline in the world. The share price of InterGlobe Aviation, which operates under the indigo brand, reached Rs. 5265 on wednesday afternoon. With this, the market value of the company reached 23.24 billion. In our rupees, it is Rs. 2,01,514 crore. At the same time, the market value of American airline Delta is only Rs. 2,00,994 crore. indigo has reached the top position based on market value.
However.. by the end of trading, the market value has decreased again as IndiGo's share price fell to Rs. 5194. With this, IndiGo's market value has stood at Rs. 2,00,698 crore. With this, it had to be limited to the second position. However, indigo has stood at the second position among the world's airlines based on market value. It is noteworthy that indigo is the only indian airline to have secured the position of the top 10 airlines in the world. While Delta airlines of America started its operations in 1929, indigo started its journey in 2006. Six years ago, Delta's market value was $36.67 billion, while IndiGo's market value was only $7.72 billion. However, it is moving forward very quickly. indigo currently has 437 aircraft, and it operates 15,768 services per week. Delta, which has 982 aircraft, currently operates 35,114 services per week.
Looking at the top 5 airlines in the world based on market value,

Airline Company Name Country Market Value (B.D.)

Delta airlines America 23.18

IndiGo india 23.16

Ryanair ireland 22.15

United airlines America 19.22

Southwest airlines America 15.48
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