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IndiGo's turbulent ride in Q2: Airline battles higher fuel costs, grounded aircraft

By Economic Times - 4 weeks ago
IndiGo Airlines faced challenges in the second quarter with high fuel prices and grounded aircraft, leading to a Rs 987 crore loss despite a topline increase. Issues with Pratt & Whitney engines and hoax bomb threats further impacted operations. Despite setbacks, the airline is optimistic, planning to launch a business class and seeing favorable response to its new loyalty program.

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