IndiGo shares reach record high, becomes first Indian operator to cross INR 1 trillion market capital

Indigo became India’s first aviation company to cross INR 1 trillion market capital after its shares hit a record high with 29% gains so far this year. Indigo ranks 10th in terms of market value among world’s top 10 listed aviation firms. Delta Airlines is the world’s biggest airline by value, with a market cap of $29.62 billion followed by South West Airlines Co and Ryanair Holdings PLC. United Airlines Holdings PLC ranks at number four, followed by Air China, Singapore Airlines, China Southern Airlines, China Eastern Airlines Co and Deutsche Lufthansa. The stock started gaining recently amid expectations of rising market share