IndiGo has received a Rs 58.75 crore GST penalty for FY 2020–21 as the DGCA dismisses four flight inspectors amid escalating operational disruptions. With hundreds of cancellations nationwide, the regulator has deployed two oversight teams to monitor the airline’s operations and passenger handling
IndiGo’s parent company, InterGlobe Aviation, reported a Rs 2,582 crore net loss for the September quarter, mainly due to adverse currency movements. Despite a 10 per cent rise in topline revenue, the airline’s shares slipped over 1 per cent on the BSE
Airline sees 7.47 per cent decline in revenue from operations to Rs 20,496 crore in the April–June quarter, from Rs 22,152 crore in the preceding quarter
