Indigo plans full capacity domestic flights by Dec, seeks to raise funds

CEO Ronojoy Dutta says airline's cash levels are 'pretty good' but it wanted an insurance buffer against a possible third wave of Covid-19.

IndiGo, one of Asia’s biggest budget airlines, is aiming at running at full capacity domestically and is targeting just over two-thirds in international routes as the virus pandemic eases and people start traveling more.

“Things are improving slowly,” Chief Executive Officer Ronojoy Dutta told Bloomberg Television’s Rishaad Salamat and Haslinda Amin on Friday, adding that it was “hard not to be bullish as traffic is going up.” 

He said the current load factor for the airline is around 70% and yields are likely to rise in coming months.

Current cash levels were “pretty good,” Dutta said, though he added that