The fast spreading Omicron variant of Covid-19 has cast a shadow of uncertainty over our revenue forecast, Ronojoy Dutta, chief executive officer of India’s largest airline, IndiGo said on Thursday.
“Domestic traffic has rebounded strongly during November and December. Omicron has caused future bookings to soften somewhat but these still remain above the September levels. While international capacity is restricted, bubble flights to international destinations are performing well,” Dutta said while responding to shareholder queries at the company’s extraordinary general meeting (EGM) on Thursday.
The EGM was called by the airline’s promoters to seek shareholder nod for scrapping a clause in the articles of association, which gives them the right of first refusal over acquisition of each other’s shares.