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IndiGo's $1.6-billion, 4-session rout is worst in airlines

Indigo

Bloomberg
IndiGo, India's biggest airline, has become the world's worst-performing airline stock just two months after a blockbuster initial public offering. The carrier's operator InterGlobe Aviation fell 25% in the 4 trading sessions through January 25, the worst compared with major airlines as well as the 48-member Bloomberg Intelligence Global Airlines Competitive Peers index. A potential delay in receiving new fuel-efficient jets hurt the stock
IndiGo's $1.6-billion, 4-session rout is worst in airlines

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First Published: Jan 27 2016 | 10:39 PM IST

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