IndiGo posts first quarterly loss since listing
India’s largest airline reports net loss of Rs 652 crore for the quarter ended September due to higher fuel prices.
India’s largest airline reports net loss of Rs 652 crore for the quarter ended September due to higher fuel prices.
SpiceJet plans to operate 25% of its flights using biofuel, most probably on short-haul routes, and the rest on traditional jet fuel.
The aviation industry says it is hard to compete with international fliers while it bears the brunt of a bunch of indirect taxes.
Airlines are offering huge discounts to boost revenues despite higher fuel costs and a weakening rupee.
The airline intends to maximise profit from its code-sharing agreements with foreign carriers such as Etihad and Air France-KLM.