Ealier at a press conference, the Oneworld also announced the joining of Srilankan Airlines in its fold.
IndiGo, the country's latest low-fare domestic airline, is planning to fly to 30 cities across the country with a fleet of 40 A-320s by 2010.
Low cost start-up carrier IndiGo is set to take off in August and the carrier aims to break even within 18 months of its flights being operational.
The new low-cost carrier, IndiGo, which placed India's biggest orders for 100 Airbus aircraft at the Paris Air Show last year, will start operations in July-August with its own aeroplanes.
Our business is very targeted. It's just domestic India, low fares, be on time, hassle free, no long lines, no fuss.
Aditya Ghosh, with no prior aviation background or MBA degree, managed not only to become the CEO of an airline but even piloted it to the top with almost half of the market.
IndiGo which has close to 40 per cent market share, at present has 129 aircraft and operates 883 daily flights to 44 destinations. It also has around 400 aircraft on order.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.