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IndiGo Q4 preview: Analysts see loss up to Rs 2,600 cr amid Covid-19 woes

Jun 01, 2020 - Business Standard India
Financial Results-Negative Financial Results

Rise in fuel costs due to depreciation of rupee during the quarter, slight decline in passenger load factor, but marginal expansion in fleet capacity are some other factors that could affect earnings With suspension of international air travel for two weeks, and domestic air travel for about 10 days due to the lockdown in the March quarter of FY20 (Q4FY20) on account of Covid-19 pandemic, analysts expect InterGlobe Aviation-run IndiGo to report net loss up to Rs 2,600 crore, compared to net prof...