IndiGo profit up 23.7% for 3Q 2016
Credit: Rob Finlayson
Indian low-cost carrier IndiGo reported a 3Q 2016 net profit of INR6.57 billion ($96.6 million), up 23.7% compared to INR 5.31 billion in the year-ago period. CEO Aditya Ghosh said factors that helped the uptick included an increase in fleet size, robust passenger demand and low fuel prices had...
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