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Thursday 24 October 2019

IndiGo reports highest-ever quarterly loss in Q2

India’s only profitable airlines has flown deeper into red with a loss of Rs 1,062 crore this July-September quarter, 63% more than Rs 651 crore lost in same period last year. The low cost carrier said its highest-ever quarterly loss was “accentuated by forex losses and re-assessment of future maintenance cost.”

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