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IndiGo reports Rs 987 crore loss in Q2
Indian airline IndiGo sees 40% of grounded jets flying by April, swings to quarterly loss
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.
IndiGo Q2 Results: India’s largest airline posts surprise loss of ₹987 crore
Country's largest airline, IndiGo posted a surprise loss in Q2, its first loss in eight quarters, weighed down by a higher fuel bill and a jump in maintenance costs.
IndiGo flies into red on aircraft grounding, higher fuel costs; posts Rs 986 cr Q2 loss
Flying into the red after seven quarters, the country's largest airline IndiGo on Friday posted a net loss of Rs 986.7 crore in the September quarter on headwinds from grounding of planes and higher fuel costs.
IndiGo Q2 results: Airline posts Rs 986 crore loss
IndiGo, India's largest airline, reported a net loss of Rs 986.7 crore for the September quarter, its first quarterly loss in two years. This was attributed to higher fuel costs and increased aircraft rental expenses.
IndiGo Q2 results: Airline swings into red with Rs 987-crore loss
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.
IndiGo Q2 Results: Aviation major reports net loss of ₹986.7 crore
Aviation major InterGlobe Aviation on Friday reported consolidated net loss for the fiscal's second quarter ended September (Q2FY25) to ₹986.7 crore, compared to a net profit of ₹188.9 crore in the year-ago period.
IndiGo Q2 Results 2024: Airline Posts Rs 986 Crore Loss On Aircraft Grounding, Higher Fuel Costs
The country’s largest airline IndiGo on Friday posted a net loss of Rs 986.7 crore in the three months ended September, as the grounding of planes and higher fuel costs took a toll on the bottomline.In the 2023 September quarter,
15h
on MSN
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 ...
Skift
6h
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 ...
Flightglobal
11h
IndiGo chief points to GTF peak and 2030 progress after first loss in two years
Two years into his tenure at IndiGo and Pieter Elbers is back where he started, describing a loss-making fiscal second ...
15h
on MSN
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 ...
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 ...
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
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 ...
7h
IndiGo in the red, warns of more air pockets in Q3
IndiGo, India's largest airline, has reported a net loss of ₹987 crore for the fiscal second quarter. This loss comes after ...
8h
on MSN
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 ...
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