Thursday, February 10, 2022

IndiGo’s Q3 FY22 results indicate aviation recovery when Omicron steps aside

IndiGo, India’s biggest airline by market share, reported its third-quarter results last week post-market hours. After many quarters of sustained losses on the back of groundings and reduced traffic, IndiGo reported a profit of Rs 129.8 crores. IndiGo’s results came on the back of an almost 85 percent growth in revenue from the same quarter one year ago and a nearly 65 percentgrowth in revenue from the July-September 2021 quarter. 

There were many reasons for IndiGo to rejoice. Read which are they >>

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