IndiGo hits air pocket with ₹986 cr Q2 loss
India’s largest airline IndiGo posted ₹986 crore loss for the quarter ended September owing to higher fuel costs and grounding of several planes due to engine issues. Revenue of InterGlobe Aviation, IndiGo’s parent, jumped 13.5% to ₹16,969 crore during the second quarter compared with ₹14,943 crore in the year-ago period.