IndiGo narrowed its quarterly net loss on year as air travel demand increased and offset soaring costs of fuel. India‘s biggest airline by market share posted a net loss of ₹1, 064 crore in the April-June quarter compared to a loss of ₹3,174 crore a year earlier.
Its outgoing CEO Rono Dutta said the airline will continue to be in the red in July-September. But he expects it to return to profit in October-December. IndiGo posted total…