Smooth flight or turbulence ahead for India’s airlines?

Contact-intensive services were among the hardest hit by the pandemic, with airlines being no exception. But now, with the infection ebbing and the threat of a third wave diminishing, the aviation sector is seeing green shoots of recovery

IndiGo CEO Ronojoy Dutta recently told a financial daily that the situation was improving rapidly and faster than the sector had expected. Dutta said that while IndiGo’s performance in the last quarter was strong, the current quarter was also shaping up very well. He underlined that most importantly, revenue and traffic were coming back. Also, in a recent interview with Business Standard, Dutta’s response to why IndiGo was holding back its qualified institutional placement decision also highlighted how the airline is faring.