For the purpose of peer comparison, we consider Indigo's largest domestic listed peers, Jet Airways and SpiceJet, while among the international peers, we choose airlines which pioneered the concept of Low Cost Carriers in three different regions across the world - Southwest Airlines (USA), RyanAir (IRE) and AirAsia (MAL), and are now among the largest LCCs in the world.
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Interglobe Aviation Ltd owns and operates Indigo, India's largest passenger airline by market share and the fourth largest low cost carrier in the world
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