Credit: Rob Finlayson
India-based low cost carrier (LCC) IndiGo reported a net profit of INR5.92 billion ($87.3 million) for its 1Q 2017 period to end June 2016, down 7.4% compared to the same period last year. IndiGo president Aditya Ghosh said profitability was down “primarily because of competitive fare pressures”. “...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
