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IndiGo to experiment with new revenue model to tide over Covid-19 crisis

InterGlobe Aviation, the parent firm of IndiGo, on Tuesday reported a net loss of Rs 871 crore in the March quarter and would not be doling out any dividend

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The coronavirus pandemic and subsequent lockdowns have significantly impacted the aviation industry, including airlines

Agencies

3 min read Last Updated : Jun 29 2020 | 4:51 PM IST

Faced with headwinds due to the coronavirus pandemic, the country' largest carrier IndiGo will experiment with new network and revenue models as well as implement measures that will result in additional liquidity of up to Rs 4,000 crore.

InterGlobe Aviation, the parent firm of IndiGo, on Tuesday reported a net loss of Rs 871 crore in the March quarter and would not be doling out any dividend.

"We will be reducing our unit costs even further, making our fleet more efficient, ensuring our capacity is right sized to the market and experimenting with new network and revenue models," IndiGo CEO

Topics : Coronavirus Lockdown IndiGo InterGlobe Aviation airlines Aviation industry domestic flights IndiGo Airlines

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