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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 swings to net loss of ₹986 crore in Q2
IndiGo on Friday reported a net loss of ₹986 crore for the quarter ended September after seven straight quarters of profit. The airline reported a profit of ₹188 crore in the year-earlier period and a profit of ₹2,728 crore in the first quarter of financial year 2025.
Indian low-cost carrier 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 growing aircraft rental costs. The country's biggest airline by market share said on Friday it made a loss of 9.
IndiGo Faces 'Turbulence': India's Top Airline Announces Rs 987 Crore Loss In Q2 Results
India's leading airline, IndiGo, reported a staggering loss of Rs 987 crore ($117.7 million) for the second quarter, marking its first quarterly deficit in two years.
Skift
3h
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 ...
10h
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 ...
4h
IndiGo’s aircraft groundings on downward trajectory, likely to fall to mid-40s by early FY26
India’s largest airline IndiGo has started to see a reduction in the number of aircraft grounded due to engine issues, and ...
The Financial Express
8h
IndiGo posts Q2 loss of Rs 986.70 cr, revenue rises by 13.6% YoY; CEO says quarter impacted by peak groundings, high fuel costs
The loss incurred during the quarter was driven by higher fuel costs and a peak number of groundings, which have now started ...
devdiscourse
6h
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 ...
Aviation Week
5h
IndiGo Sinks To Net Loss Thanks To Groundings, Fuel Costs
Indian LCC IndiGo broke a lengthy run of profitable quarters with a net loss for the September quarter, due in part to its ...
5h
on MSN
IndiGo's bottom-line turns red for Q2, high fuel costs, forced groundings main reason
The main reason behind the carrier running into reds during the second quarter of FY25 was high fuel costs. Per the airline, ...
devdiscourse
4h
IndiGo Expands Horizons: New Destinations and Business Class Launch
IndiGo will introduce flights to five international destinations, including Malaysia, this fiscal year and plans to offer ...
1d
Indigo’s list of the best books of 2024 revealed
Indigo has unveiled its selection of the best books of 2024, and it’s the perfect opportunity to create your next reading ...
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