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Indigo reports Biggest ever Loss

India’s Lagest Airline by Volume Terms eported biggest ever loss of Rs.3152 Crores for the quarter ending June 2021. With the pandemic induced Lockdon Curtailing Domestic travel to most of the Metro Cities, country’s Largest Airline reported dip in the number of flights operated and Seat Load factor resulting in Biggest loss in its 17 year old history.
With Major Cities lifting lockdown, Inter Country travel picked up in the last week of June and Airlines now can operate to full 100% capacity, which hitherto was capped at 60% of the capacity. With International Travel still banned officially, Ailrines like Indigo, Spicejet and Air Asia still have to depend on the Domestic market for major share of the revenue and are hampered by the subdued demand fom the market for most parrt of the previuos quarter. After the lifting of the Lockdown in the second week of June, Many Revenge travellers to the domestic destinations shored up the Seat numbers for the Airlines.

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