IndiGo, the country’s largest airline, on Friday posted a consolidated net profit of Rs 2,998.1 crore in the third quarter of 2023-24, which was more than double (110.7 per cent) of what it earned in the corresponding period a year ago, due to high demand amid the peak travel season.
The airline announced that it has grounded about 75 aircraft due to issues with the Pratt and Whitney (PW) engines. As on December 31, the airline has 358 planes in its fleet.
In September 2023, PW announced its engines could have a powder metal defect, which could lead to the cracking of components.
