IndiGo Airlines has said it will allocate almost 16 per cent of its fleet capacity to international operations by March next, while ruling out any hike in fares in the near term as per a PTI report.

"By next March, that is the first six months of our international operations, we will be dedicating 15-16 percent of our total aircraft capacity to international operations. Hopefully, this would be profitable too. By next March we should have about 55 aircraft," IndiGo President Aditya Ghosh said on the sidelines of a Ficci-IBA summit here late last evening.

When asked whether he is planning to up fares in the run-up to the festive season, Ghosh replied in the negative. "I don't believe in fare hikes. I just believe in lots more people flying and being a profitable airline," he said. On the rationale for entering international route, Ghosh said he sees a "massive" demand in these markets. "Not a single Indian low fare carrier flies through these routes. So we see a massive demand and a gap in these markets. We hope to repeat the same thing that we have done in the domestic sector in these markets too: keeping our offering simple and offering low fares," Ghosh said.

We believe there is demand for international travel out of the country. As long as demand is there we will chase that market whether it is domestic or international, he said. Ghosh also said the low-cost carrier will be deploying A-320s on its international routes. The airline is currently operating on the Delhi-Dubai, Mumbai-Dubai, Delhi-Singapore and Mumbai-Muscat routes.