indigo q3 results: More passengers, fuel surcharge lift IndiGo net by over 100%

indigo q3 results: More passengers, fuel surcharge lift IndiGo net by over 100%

New Delhi: InterGlobe Aviation, the operator of India’s largest airline IndiGo, more than doubled its net profit in the December quarter, marked by robust demand during the peak travel season and imposition of a fuel surcharge. The airline, which commands more than 60% share of India’s domestic market, posted a profit of ₹2,998 crore in … Read more

aircraft grounding: IndiGo CEO on Q2 results, aircraft grounding, fuel surcharge & more

aircraft grounding: IndiGo CEO on Q2 results, aircraft grounding, fuel surcharge & more

Pieter Elbers, CEO, IndiGo, says “today, we are running in the second quarter on 28% capacity growth and in the third quarter we have announced to be roughly in the range of 25%. At IndiGo, we have taken a whole range of mitigating measures ranging from lease extensions to damp leases of wide bodies, damp … Read more