India: IndiGo airline net loss widens to Rs 3,174 cr in Q1
New Delhi, Jul 27 (PTI) InterGlobe Aviation, parent of the country's largest airline IndiGo, on Tuesday reported a net loss of Rs 3,174 crore for the three months to June, primarily due to a sharp decline in revenues amid the second wave of the coronavirus pandemic.
The airline, which had a fleet of 277 planes at the end of June 2021, incurred a net loss of Rs 2,844 crore in the year-ago period.