Indian LCC IndiGo broke a lengthy run of profitable quarters with a net loss for the September quarter, due in part to its large number of grounded aircraft. The airline reported a net loss of INR9.9 billion ($117.7 million) for its fiscal second quarter, versus a profit of INR1.9 billion in the...
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IndiGo Sinks To Net Loss Thanks To Groundings, Fuel Costs is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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