India’s IndiGo has made aviation history this April, with its market cap hitting ₹2 lakh crore ($23.3 billion), briefly outpacing legacy carriers Delta Air Lines and Ryanair to claim the crown as the world’s most valuable airline. While U.S. and European flag carriers have traditionally dominated global aviation rankings, this low-cost carrier (LCC) from India has muscled its way to the top of the valuation charts in a dramatic power shift that has the AvGeek community buzzing. The stock has climbed a robust 13% year-to-date, flying in the face of broader market headwinds that have sent India’s Nifty index into … Continue reading IndiGo Hits $23.3B Valuation: Indian Carrier Briefly Tops Global Airline Rankings with 13% YTD Stock Rally