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IndiGo in the red, warns of more air pockets in Q3

By Economic Times - 4 weeks ago
IndiGo, India's largest airline, has reported a net loss of ₹987 crore for the fiscal second quarter. This loss comes after seven profitable quarters and is due to increased operating expenses and higher aircraft rental costs. The airline faced problems with engine issues, leading to additional costs. IndiGo also plans international expansion despite current financial challenges.

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