Pieter Elbers, CEO of IndiGo, India’s largest airline, remarked on the healthy yet competitive nature of the Indian aviation market, noting its sensitivity to prices. With over 60% domestic market share and a fleet of more than 360 aircraft, Elbers highlighted the significant demand for travel in India. While air ticket prices are deregulated and fluctuate based on supply and demand, Elbers emphasized that overall price levels in India remain competitive, reflecting the country’s diverse market.