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India's IndiGo airline posts Q3 profit drop
India's IndiGo airline posts Q3 profit drop as rupee depreciates
India's IndiGo airline operator Interglobe Aviation reported an 18.6% drop in third-quarter profit on Friday, as foreign exchange losses ballooned, outweighing steady air travel demand and lower fuel costs.
IndiGo's profit drops by 18.3% due to rupee depreciation, grounded planes
While the currency remains volatile and has further depreciated in January, the airline has been actively taking steps to reduce the impact of this fluctuation by hedging part of its foreign currency
IndiGo Q3 net falls 18% on weak rupee
IndiGo has reported an 18% decrease in Q3 profit to Rs 2,449 crore despite a 14.6% rise in total income, impacted by the weaker rupee. Benign fuel prices were insufficient to offset dollar-denominated costs.
Skift on MSN
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IndiGo Returns to Profitability, Eyes Early Long-Haul Launch
IndiGo returned to profitability in the third quarter of fiscal 2025, reporting a net profit of INR 24.5 billion ($284 ...
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December aviation data: IndiGo tops punctuality charts for second month as domestic air traffic rises 8.2%
Domestic air traffic rose to 14.93 million passengers in December, surpassing November's 14.25 million and October's 13.66 ...
3d
on MSN
Domestic airlines flew 16.13 million passengers in 2024: DGCA
DGCA said IndiGo had the highest (73.4% ) on-time performance in Delhi, Mumbai, Bengaluru, and Hyderabad followed by Air ...
abp LIVE
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Domestic Airlines Flew 16 Million Passengers In 2024, SpiceJet Had Maximum Rate Of Cancellations
Airlines are expanding both their fleets and networks to accommodate the growing demand for air travel in India, one of the ...
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on MSN
Domestic air traffic grows to 16.13 crore in 2024
India's domestic air traffic reached 16.13 crore in 2024, marking a 6 per cent increase year-on-year. Airlines expanded their ...
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Man slams IndiGo flight for preponing it by 15 minutes, airline reacts
A man had to pay for a new ticket after IndiGo postponed a flight by 15 minutes barely 2.5 hours before it was supposed to ...
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India's airlines log 6% rise in traffic with 16 crore flyers on domestic routes in 2024
According to the DGCA data, IndiGo's share in the domestic air passenger traffic increased from 60.5 per cent in 2023 to 61.9 ...
2d
on MSN
IndiGo accused of bribery and rude behavior: Podcaster alleges Rs 6,000 offer after complaint. Airline responds
Popular podcaster Prakhar Gupta recently accused IndiGo Airlines of unprofessional behavior after his flight was preponed ...
3d
Domestic air passenger traffic in India jumps by 6.12% to 161.3 mn in 2024
IndiGo's share in domestic air passenger traffic increased from 60.5 per cent in 2023 to 61.9 per cent in 2024 ...
english.mathrubhumi
3d
IndiGo launches new daily flights connecting Mumbai to Jharsuguda, Odisha
In a major boost to enhance regional connectivity and ramp up its domestic network, IndiGo has introduced new daily flights ...
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