The Covid-19 pandemic impacted the aviation sector badly, and IndiGo, the country’s leading private carrier, was not untouched by the financial stress.
For the quarter ended March 2022, which was impacted by the ‘Omicron’ wave, IndiGo reported a net loss of Rs 16,818 million.
IndiGo, with a fleet size of over 280 aircraft, is leading the Indian aviation sector. With an occupancy rate of 78.5 per cent, the airline recorded a market share of 56.9 per cent in June.
However, many IndiGo flights reported delays during the last week of June, reportedly due to manpower crunch as a significant number of cabin crew members went on sick leave.