IndiGo's Engine Troubles: A Grounding Odyssey
5 months ago

IndiGo's Engine Troubles: A Grounding Odyssey

Live Mint  

IndiGo's recovery from aircraft grounding is progressing, with the number of non-operational planes expected to decline below 60 by the end of the year and below 40 by March. The airline has seen a healthy recovery in revenue, driven by strong demand from India's growing pool of upwardly mobile passengers. However, the faulty engines have taken a toll on the company's finances, with higher costs and lower margins impacting its profitability. Despite the challenges, IndiGo is taking steps to mitigate the impact of the aircraft grounding, including returning old aircraft and starting to return grounded aircraft of other airlines.

History of this topic

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