India, Dec. 19 -- That the Competition Commission of India has announced an investigation into IndiGo's mass flight cancellations was par for the course. Sure, the CCI hasn't specified the anti-trust laws that India's largest airline has violated, but its monopoly status in one of the world's fastest growing aviation market does warrant an inspection.

But how did IndiGo get to 65% market share in less than two decades of flying?By being "at the right place at the right time"-a concept alien to it at present.

IndiGo, operated by InterGlobe Aviation Ltd., started operations in 2006 with a modest fleet and few flights. But the timing, somehow, was right.

While mergers kept rivals busy, IndiGo steadily took flight. By 2009, the airline fou...