India's IndiGo airline operator Interglobe Aviation swung to its first quarterly loss in two years, weighed down by fuel expenses and aircraft rental costs.

Interglobe Aviation, the operator of India’s largest airline IndiGo, has reported its first quarterly loss in two years, primarily driven by soaring fuel expenses and increasing aircraft rental costs.

InterGlobe Aviation, the parent company of airline IndiGo, swung to a massive net loss in the second quarter of the financial year, massively missing analyst estimates. What Happened: India’s top carrier said it lost ₹986.

India's IndiGo airline operator Interglobe Aviation swung to its first quarterly loss in two years, weighed down by fuel expenses and growing aircraft rental costs. The country's biggest airline by market share said on Friday it made a loss of 9.