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IndiGo, airline
Indian airline IndiGo sees 40% of grounded jets flying by April, swings to quarterly loss
India's largest airline IndiGo said on Friday it expects to have about 40% of its grounded fleet in the air by April, after costs related to unused aircrafts dragged the budget carrier to its first quarterly loss in two years.
IndiGo results: Can India’s largest airline maintain its profitable run for the 8th straight quarter?
Can the airline clock profit, and if it does, will it be wafer-thin? It is unlikely to cross the revenue numbers of last quarter. With pressure from both the demand and cost side, a breakeven with a three-digit profit will be an achievement.
IndiGo airline swings into the red with Rs 987 crore loss, first in two years
InterGlobe Aviation Limited, the operator of IndiGo airline, on October 25 reported net loss of Rs 987 crore for the quarter ended September 30, 2024. It reported net profit of Rs 189 crore in the year-ago period.
India's top airline IndiGo swings to first quarterly loss in 2 years
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. The country's biggest airline by market share said on Friday it made a loss of 9.
IndiGo reports first quarterly loss in two years amid rising 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.
Skift
5h
IndiGo Posts Loss But Sticks to Global Growth Plan
IndiGo has reported its first loss-making quarter in two years. Despite this, it expects a positive momentum over the coming ...
The Financial Express
2h
IndiGo dives into loss after 2 years
In a post-results call, IndiGo CEO Pieter Elbers said, “Driven by the peak groundings of mid-70s and rising fuel costs, we ...
3h
Could Softening Demand Spoil The Indigo Party?
As IndiGo pivots further from its original model, how much will it cost the airline? The preparatory costs may have been ...
devdiscourse
12h
IndiGo Navigates Through Turbulent Quarters Amid High Fuel Costs and Grounded Aircraft
IndiGo, India's largest airline, reports a net loss of Rs 986.7 crore in the September quarter due to aircraft groundings and ...
3h
on MSN
IndiGo posts 987cr Q2 loss after 7 straight profitable quarters
IndiGo faced a Rs 986.7 crore loss in Q2 July-Sept quarter, ending a streak of seven profitable quarters. The loss is ...
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